Sinic Development (01030.HK) plans to issue approximately 19.34 million subscription shares at a premium of about 4.2%, raising approximately 49.40 million Hong Kong dollars.

Zhtng cijng APP xn, xn chng fzhn (01030.HK) gngb, y 2025 nin 8 yu 31 r, gi gngs y rngu rn Blockchain Metaverse Academy Pty Ltd dngl rngu xiy, gi gngs jing xing rngu rn fxng yu 1934.61 wn g rngu gfn, rngu ji wi mi g rngu gfn 2.5845 gngyun, ji gfn y 2025 nin 8 yu 29 r (j zuhu jioy r) zi linjio su su bo shu shji mi g 2.480 gngyun yji yu 4.2%. Rngu shxing jng chu yu 4940 wn gngyun, n qunsh yng y gngs zi RWA yngyng lngy de zhnl bzh. Zhtng Financial APP News, Xincheng Development (01030.HK) announced that on August 31, 2025, the company entered into a subscription agreement with the subscriber Blockchain Metaverse Academy Pty Ltd. The company will issue approximately 19.3461 million subscription shares to the subscriber at a subscription price of HK$2.5845 per share, representing a premium of approximately 4.2% over the closing price of HK$2.48 per share on the Stock Exchange of Hong Kong on August 29, 2025 (the last trading day). The net proceeds from the subscription of approximately HK$49.4 million are intended to be fully utilized for the company's strategic deployment in the RWA application field.