Pangaea Connectivity Technology Limited completed the placement of 199M new shares to six independent investors, including Mile Green Company Limited, on 13 Aug 2025 at HK$0.18 per share. Following the placement, Generous Horizon Limited’s stake fell from 65.3% to 54.5%, and new shareholders will be entitled to a proposed final dividend of HK$0.01 per share, subject to AGM approval.