World Digital Economy Industry (03708.HK) completed the issuance of a total of 56 million subscribed shares, raising approximately 10.07 million Hong Kong dollars.

date
25/06/2026
Wisdom Finance APP News, World Digital Economy Industry (03708.HK) announced that all the preconditions stipulated in the subscription agreement have been met, and the completion was realized on June 25, 2026. A total of 56 million subscribed shares account for (i) approximately 8.34% of the company's existing issued share capital as of the date of this announcement and (ii) approximately 7.70% of the company's issued share capital after the issuance and subscription of the subscribed shares. The shares were successfully issued to the subscribers at a subscription price of HK$0.18 per share. The net proceeds from the subscription amount to approximately HK$10.07 million. The company intends to use the net proceeds from the subscription for the general operational fund of the group.