FilingReader Intelligence

DL Holdings invests in EEKA Fashion for RWA tokenization

September 12, 2025 at 05:01 PM UTCBy FilingReader AI

On September 12, 2025, DL Holdings Group (DLH) and EEKA Fashion Holdings (EEKA) entered a strategic cooperation and investment agreement. DLH will subscribe for 4.6 million new EEKA shares at HK$6.50 per share, totaling HK$29.9 million. This price represents an 18.75% discount to EEKA's closing price on September 12, 2025. The subscription shares account for approximately 0.65% of EEKA’s enlarged issued share capital.

The net proceeds of approximately HK$29.6 million from the subscription will be used by EEKA for general working capital. This investment positions DLH with a 0.7% interest in EEKA's enlarged share capital post-completion. The strategic partnership will leverage DLH's expertise in regulated financial services and digital assets to tokenize a portion of EEKA's distributable profit, based on 10% of NEXY.CO's audited revenue for the financial year ending December 31, 2025.

The collaboration aims to create innovative value for EEKA shareholders through real-world asset (RWA) tokenization, potentially leading to a distribution of RWA tokens to qualifying professional investors. The issuance of subscription shares will utilize approximately 3.27% of EEKA's general mandate and is not subject to shareholder approval. The transaction is a discloseable event for DLH.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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