B.DUCK SEMK (02250) intends to discount approximately 9.76% to sell 67.568 million shares, raising approximately 49.5 million Hong Kong dollars.

Duck King Holdings Limited (02250) announced that on January 28, 2026, the company plans to allocate 67.568 million shares, accounting for approximately 6.44% of the total issued shares after the completion of the placement. The placement price is HK$0.74 per share, representing a discount of approximately 9.76% compared to the closing price of HK$0.82 per share on January 28. The total amount of funds raised from the placement is estimated to be approximately HK$50 million, with a net amount of approximately HK$49.5 million. The company plans to use the net proceeds as follows: around 50% for the development of IP-related product manufacturing, around 30% for the expansion of urban entertainment projects, and around 20% for general operating capital.