Golden Prosperity International Holdings Limited (09689.HK): General mandate for the issuance of new shares expired.

Wisdom Financial News APP, King Tai Fung International Holdings (09689.HK) announced that due to the failure to fulfill the preconditions stipulated in the placement agreement by June 18, 2026 (i.e. the final deadline), the placement agreement has expired and the placement will no longer proceed. The placement agent and the company's obligations under the placement agreement regarding the placement matters will be terminated and concluded, and any contracting party may not make any claims against the other party for related matters.