CSI Properties Limited HK$2 billion Fundraising Proposal led by Chairman and Controlling Shareholder Mr. Mico Chung to Strengthen Balance Sheet

CSI Properties Limited ("CSI" or the "Group") (Stock code: 497) is pleased to announce a fundraising of approximately HK$1.5 billion by way of a rights issue of shares and an issuance of a HK$500 million senior unsecured note to Gaw Capital, to strengthen shareholders' equity and working capital. This proposal will introduce a new financial investor with global institutional expertise and enhance our balance sheet's resilience for the current economic challenges. Through a committed HK$9 billion