
B.DUCK SEMK offers a discount of 9.76% on its rights issue, raising HKD 50 million
B.DUCK SEMK (02250.HK) announced the placement of 67.568 million new shares, equivalent to 6.44% of the enlarged share capital; the placement price is HKD 0.74, a discount of 9.76% compared to today's (28th) closing price. The total amount raised is HKD 50 million, with a net amount of HKD 49.5 million intended for the development of IP-related product manufacturing; expanding urban entertainment projects; and general working capital

