Domain Power (00442) intends to conduct a 2-for-1 rights issue.

Domain Power (00442) announced that the company plans to issue 1 new share for every 2 existing shares held by eligible shareholders on the record date, at a subscription price of HK$0.710 per share. The company aims to raise a maximum net amount of approximately HK$61 million by issuing up to 86.35 million new shares (assuming no change in the number of shares issued on or before the record date). As of March 31, 2025, the company has cash and bank balances of about HK$36.3 million. The directors believe that raising funds through the issuance of new shares to strengthen the company's financial position and support future business development is a prudent financial decision.