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DL Holdings plans to raise about $83 million for blockchain business

Hong Kong-listed financial services group DL Holdings has announced plans to raise HK $653.30 million (approximately US $83.20 million) through a rights issue to fund the development of its blockchain business. According to the company's filing with the Hong Kong Stock Exchange, DL Holdings has entered into a Placing and Subscription Agreement in which the seller shareholders will sell shares to at least six buyers at a price of HK $2.95 per share through the Placing Agent, and then immediately ...

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2025-08-07 08:23:00
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