Group 1 - Alpha Enterprises (00948) announced a placement and subscription agreement on November 12, 2025, involving the sale of up to 28 million shares at a price of HKD 0.24 per share, which represents a discount of approximately 7.7% compared to the last trading price of HKD 0.26 [1][2] - The maximum number of placement shares, 28 million, will account for about 8.02% of the existing issued share capital as of the announcement date, and approximately 7.42% of the issued share capital after the placement and subscription [1] - The total gross proceeds from the subscription are estimated to be around HKD 6.72 million, with a net amount of approximately HKD 6.29 million expected after expenses, which will be used to expand the company's dairy product business [2]

Core Viewpoint - The company, 小黄鸭德盈 (02250), has announced a share placement and subscription agreement to raise approximately HKD 79.43 million through the sale of 71 million shares at HKD 1.13 per share, which represents an 11.02% discount to the last trading price of HKD 1.27 [1] Group 1: Financial Details - The share placement involves selling 71 million shares at a price of HKD 1.13 each [1] - The net proceeds from the subscription are estimated to be around HKD 79.43 million [1] - The subscription price reflects an approximate 11.02% discount compared to the last trading price [1] Group 2: Use of Proceeds - Approximately 60% of the net proceeds will be allocated for the development and purchase of amusement equipment to expand self-operated urban entertainment projects [1] - About 30% of the funds will be used to develop a retail store network and related product manufacturing [1] - The remaining 10% will be allocated for general working capital [1]