DMALL (02586) plans to offer an approximately 10% discount on the first old and then new allocation of 35.4 million shares, with a net amount of approximately HK$389 million raised.

DMALL (02586) announced that on July 16, 2025, the company, the seller Odor Nice Limited, and the underwriter entered into a placement and subscription agreement. The seller will sell 35.4 million existing shares at a price of HK$11.1 per share, and the company will issue 35.4 million new shares to the seller at the same price, representing a discount of about 10% compared to the last trading day's closing price of HK$12.34 per share on the Stock Exchange. The net proceeds from the subscription amount to approximately HK$389 million, which is intended to be used for research and development investments in stablecoins and blockchain, technological improvements, and general corporate purposes. Furthermore, the company has applied to the Stock Exchange for the resumption of trading of its shares on July 17, 2025, starting at 9:00 am.