OSL Group plans to allocate approximately HK$2,355 billion in shares for strategic acquisitions, stablecoin business, etc.
TechFlame
2025-07-25 00:14
TechFlame2025-07-25 00:14
English
TechFlame reported that on the morning of July 25, OSL Group (09618.HK) announced on the Hong Kong Stock Exchange that on July 25, 2025 (before the trading session), the company had entered into a placement and subscription agreement, a general licensing agreement and a special authorized subscription agreement. The total proceeds from the proposed transactions under these agreements are estimated to be approximately HK$2,350.3 billion, and the net proceeds are estimated to be approximately HK$2,336.1 billion. The placement price was HK$14.90 per share, a discount of approximately 15.34% from the closing price of the shares reported on the Stock Exchange on the last trading day. (gold 10)