Core Viewpoint - The company plans to conduct a rights issue on a "1 for 2" basis, aiming to raise a maximum net amount of approximately HKD 215 million [1] Group 1: Rights Issue Details - The company proposes to issue up to 495 million rights shares at a subscription price of HKD 0.45 per share [1] - The net proceeds of approximately HKD 146 million will be used for general working capital, including the development of financial services and covering regular expenses for the next 18 months [1] Group 2: Debt Repayment and Expansion Plans - Approximately HKD 25.7 million will be allocated for repaying group debts, which include mortgage loans, accounts payable, margin loans, convertible bond interest, and other loans [1] - Around HKD 44 million is earmarked for potential expansion into the cryptocurrency sector, specifically for operating a virtual asset trading platform [1]

Group 1 - The company plans to issue up to 495 million rights shares to raise approximately HKD 223 million or up to 545 million rights shares for about HKD 245 million, with a subscription price of HKD 0.45 per share [1] - The proposed rights issue will result in the issuance of shares that represent 200% of the total shares outstanding as of the announcement date and approximately 66.67% of the total shares after the rights issue [1] Group 2 - The company has entered into a placement agreement with a placement agent to facilitate the placement of shares not subscribed in the rights issue, with a net estimated amount of approximately HKD 215 million expected from the rights issue and placement [2] - The net proceeds from the rights issue and placement are intended for various uses, including approximately HKD 146 million for general working capital, with specific allocations for operational expenses and development of financial services [2] - Approximately HKD 2.57 million is allocated for debt repayment, and HKD 44 million is earmarked for potential expansion into the cryptocurrency sector, including operating a virtual asset trading platform [2]