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 share placement will involve the sale of approximately 2.52% of the total issued shares of Cathay Pacific Airways, excluding treasury shares [1] - The expected net proceeds from the placement are approximately HKD 1.789 billion, which will be used for general working capital purposes [1] - Following the placement, the company's ownership in Cathay Pacific Airways will decrease from approximately 47.64% to about 45.12%, assuming no change in the total number of issued shares [1] Group 2 - The company remains confident and committed to Cathay Pacific Airways despite the reduction in ownership percentage [1]