WORLD DIGI ECON (03708) intends to issue a total of 56 million shares for subscription with a discount of approximately 4.76%.
World Digital Economy Industry (03708) announced that on June 22, 2026 (after trading hours), the Company entered into a subscription agreement with the subscriber, China Zhichen 81 Financial Limited, the subscriber has conditionally agreed to subscribe, and the Company has conditionally agreed to issue and allot a total of 56 million subscription shares at a subscription price of HK$0.18 per subscription share.
WORLD DIGI ECON (03708) announced on June 22, 2026 (after trading hours) that the company has entered into a subscription agreement with subscriber CH CASTSON 81 Financial Limited. The subscriber has conditionally agreed to subscribe, and the company has conditionally agreed to issue and issue a total of 56 million subscription shares at a subscription price of HK$0.18 per share.
The subscription shares represent approximately 7.7% of the enlarged issued share capital of the company. The subscription price of HK$0.18 per share is approximately 4.76% lower than the closing price of HK$0.189 per share on June 22, 2026.
The directors believe that the subscription will provide the company with an opportunity to strengthen its financial position and raise additional funds for the general working capital needs of the group. The directors believe that the subscription reflects the subscriber's confidence in the future business development direction of the company, and the proceeds from the subscription will enhance the financial flexibility of the group.
The subscriber is a limited company registered in Bermuda, and its shares are listed on the main board of the Stock Exchange (00810) under Chapter 21 of the Listing Rules. Its main business is investing in listed and unlisted equity securities and debt securities.
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