Kerner Haus Global Sets Rs. 420 Mn Rights Issue for Real Estate Expansion 📈

• Overview & Ownership: Kerner Haus Global Solutions PLC (KHGS) is expanding into commercial real estate, backed by parent company Ekta Global Pte. Ltd. (63.62% stake). • Rights Issue Terms: • Raising Rs. 420.119 Mn via 10,502,975 new ordinary voting shares. • Offered at Rs. 40.00 per share on a 1-for-4 basis. • Issue price reflects a discount to the pre-approval VWAP of Rs. 46.08. Shares closed at Rs. 30.30 in late August 2026. • Use of Capital: • Direct purchases, fit-outs, and refurbishments of commercial properties. • Long-term leaseholds for fully managed workspaces across Colombo, Kandy, Jaffna, and Galle. • Balance sheet stabilization and liquidity protection. • Major Shareholder Support: Ekta Global will fully subscribe to its 63.62% entitlement (~Rs. 267 Mn) and absorb up to 1 Mn additional unsubscribed shares (~Rs. 40 Mn). • Key Approvals: In-principle listing approval secured from the Colombo Stock Exchange (CSE) on 2 September 2026. Shareholder vote scheduled for the EGM on 2 October 2026.