According to Wu, OSL Group announced on July 25 at the Hong Kong Stock Exchange that it has signed a placement and subscription agreement, planning to raise a total of approximately HKD 2.355 billion, with a net amount of about HKD 2.336 billion. The funds will be used for: 50% for strategic acquisitions, 30% for global and new business expansion (including payment and stablecoin plans), and 20% for general corporate purposes.
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