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Latest news shows that a company listed on the Hong Kong Stock Exchange announced on September 3, 2025, its plan to adjust the use of funds raised through the special authorization of new share placements. The net amount previously raised by the company was approximately HKD 492.5 million, originally planned as follows:
More than 70% is used to build internet data centers in Malaysia.
About 16% as working capital for daily operations.
Nearly 12% is used to repay loans
As of the time of the announcement, the company has used approximately HKD 135 million for daily operations and debt repayment. The remaining HKD 357.5 million was originally planned to be invested in the internet data center project, but has yet to be used.
The company's board of directors made a decision on September 3, 2025, to change the use of this idle capital and invest it in the cryptocurrency market. Specifically, the company plans to use all remaining funds to purchase Ethereum within the next month.
It is worth noting that the cryptocurrency market is highly volatile and investment risks are significant. Investors should carefully consider their decisions and fully assess their own risk tolerance. Past investment performance does not guarantee the same or better returns in the future.