PION REW N2809<05927> - New Listing

Market participants are requested to note that dealings in
the 3.00 per cent. guaranteed notes due September 2028 issued
by Pioneer Reward Limited will commence on Tuesday, 23/09/2025
under the following particulars:-

Stock Code  Stock Short Name     Denomination       Trading Currency
----------  ----------------     ------------       ----------------
5927        PION REW N2809       HKD1,000,000       HKD
                                 or 10,000 units