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OSL Group plans to issue rights to raise approximately HK$2.355 billion for strategic acquisitions, stablecoin business, etc.

Online reports that on the morning of July 25, OSL Group (09618.HK) announced on the Hong Kong Stock Exchange that on July 25, 2025 (before trading hours), the company had entered into a placing and subscription agreement, a general authorization subscription agreement and a special authorization subscription agreement. The total proceeds from transactions contemplated under these agreements are estimated to be approximately HK$2.35503 billion, and the net proceeds are estimated to be approximately HK$2.336.1 billion. The placing price was HK$14.90 per placing share, representing a discount of approximately 15.34% to the closing price of the shares quoted on the Stock Exchange on the last trading day. (Jin Shi)

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