International Business Digital Technology plans to raise about HK $99.72 million, and about 20.06% plan to deploy virtual asset service business

01782.HK, a Hong Kong-listed company, announced that on November 20, 2025, it intends to place up to 28 million Placing Shares through a Placing Agent at HK $3.60 per Placing Share, representing a discount of approximately 8.86% to the closing price of HK $3.95 per Share quoted on the Stock Exchange on the date of the Placing Agreement. It is expected that the maximum net proceeds from the Placement will be HK $99.72 million, and approximately 65.18% will be used to develop three new technologies, which are expected to enable the company to provide innovative products and services to customers in the APM business unit, which is expected to be fully utilized by December 31, 2027; approximately 20.06% will be used to support the company's timely and orderly deployment of the virtual asset services business in overseas markets after obtaining the required final regulatory approval and when expansion opportunities arise, which is expected to be fully utilized by December 31, 2027; approximately 14.76% will be used for the group's general working funds, which are expected to be fully utilized by December 31, 2027.