Oriental Payment Group Holdings Limited entered into a purchase agreement for the private placement of 38,540,000 common shares at an price of HKD 0.1530 per share for gross proceeds of HKD 5,896,620 on July 19, 2023. The transaction has been approved by board of directors of the company and is subject to approval of board of directors and any other necessary approvals, consents and/or waivers by the relevant governmental or regulatory authorities or bodies or such other third parties as may be required by applicable laws, rules or regulations. The company will incur issuance expenses of HKD 50,000 comprising fees, costs, charges and expenses.