Huissen Homes International Group Limited (“Huissen Homes”) announced on 11 January 2024 that the Company has entered into a distribution agreement with Fulton Securities Limited to sell up to 613,818,000 new shares at a price of HK$0.13 per share to no less than six independent third party partners. The allotment represents approximately 20% of the Company's issued share capital and is expected to raise a total of approximately HK$79.8 million, net of approximately HK$78.6 million after related charges. The company plans to use the proceeds to purchase raw materials to manufacture ODM products. The distribution price is approximately 18% off the closing price of HK$0.158 per share on the closing date of the distribution agreement, subject to the conditions set out in the distribution agreement. The Board considers that this distribution is fair and reasonable and in the overall interests of the Company and its shareholders.

Huissen Homes International Group Limited (“Huissen Homes”) announced on 11 January 2024 that the Company has entered into a distribution agreement with Fulton Securities Limited to sell up to 613,818,000 new shares at a price of HK$0.13 per share to no less than six independent third party partners. The allotment represents approximately 20% of the Company's issued share capital and is expected to raise a total of approximately HK$79.8 million, net of approximately HK$78.6 million after related charges. The company plans to use the proceeds to purchase raw materials to manufacture ODM products. The distribution price is approximately 18% off the closing price of HK$0.158 per share on the closing date of the distribution agreement, subject to the conditions set out in the distribution agreement. The Board considers that this distribution is fair and reasonable and in the overall interests of the Company and its shareholders.