Core Viewpoint - Swire Pacific Limited A (00019) and Swire Pacific Limited B (00087) announced a share placement agreement to sell Cathay Pacific Airways shares at a price of HKD 11.74 per share, representing a discount of approximately 9.6% from the closing price of HKD 12.99 on March 12, 2026 [1] Group 1 - The company expects to raise approximately HKD 1.789 billion from the placement, which will be used for general working capital purposes [1] - The placement will reduce the company's stake in Cathay Pacific from approximately 47.64% to about 45.12% after the completion of the placement, assuming no change in the total number of issued shares [1] - The company remains confident and committed to Cathay Pacific despite the reduction in ownership percentage [1]