International Business Digital Technology (01782.HK) plans to offer a discount of approximately 8.86% for the rights issue, with a maximum net proceeds of approximately 99.72 million Hong Kong dollars.

date
20/11/2025
Zhtng cijng APP news, International Business Digital Technology (01782.HK) announced that on November 20, 2025, the company plans to distribute up to 28 million shares of shares through a placement agent, with each share priced at 3.60 Hong Kong dollars. This represents a discount of approximately 8.86% compared to the closing price of 3.95 Hong Kong dollars per share reported on the date of the placement agreement on the Stock Exchange. The expected maximum net proceeds from the placement is 99.72 million Hong Kong dollars, about 65.18% of which will be used to develop three new technologies, expected to enable the company to provide innovative products and services to customers in the APM business sector by December 31, 2027; about 20.06% will be used to support the company in deploying virtual asset services in overseas markets in a timely and orderly manner after obtaining the necessary final regulatory approvals or when expansion opportunities arise, expected to be fully utilized by December 31, 2027; approximately 14.76% will be used for the group's general operating funds, expected to be fully utilized by December 31, 2027.