Fantasia Holdings (1777) Updates on Dispute over Colour Life (1778) Shares

Bulletin Express11-12

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited disclaim any liability for the contents of Fantasia Holdings Group Co., Limited’s (1777) announcement, which provides an update on a dispute involving shares in the subsidiary Colour Life Services Group Co., Limited (1778). According to the announcement dated 11 November 2025, Fantasia Holdings received a notice from Odysseus Capital Asia Limited, purporting to act on behalf of an entity related to TFISF, regarding a proposed auction of up to 29.9% of Colour Life’s total issued shares.

TFISF asserts that 780,104,676 shares in Colour Life, representing around 41.95% of its total issued shares as of the date of the announcement, are subject to a charge securing an alleged amount owed. Fantasia Holdings, however, maintains that these shares are not validly pledged and has formally objected to any auction process. Legal advice is being sought to protect Fantasia Holdings’ rights, and future material developments will be disclosed as appropriate.

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