Core Viewpoint - 德祥地产 has entered into a subscription agreement with The Reynold Lemkins Group (Asia) Limited to issue a total of 100.8 million subscription shares at HKD 0.7 per share, representing a discount of approximately 16.67% compared to the last closing price of HKD 0.84 [1] Group 1: Subscription Details - The total net proceeds from the subscription are approximately HKD 68.76 million [1] - The subscription shares will be issued under general authorization [1] - The effective date for the resumption of trading of the company's shares is set for November 25, 2025, at 9:00 AM [1] Group 2: Use of Proceeds - The proceeds will be used for strategic transformation and upgrading of the company's traditional real estate business through integration into the Web3 ecosystem [1] - Funds will also support strategic projects and resources that benefit core business development and capital structure optimization [1] - The company aims to expand strategic partnerships and regional market coverage, as well as for general working capital [1] Group 3: Key Stakeholder - The ultimate beneficial owner of the subscriber is entrepreneur Liu Haoran [1]
德祥地产拟折让约16.67%发行1.008亿股认购股份 净筹约6876万港元 11月25日复牌