FilingReader Intelligence

EEKA, DL Holdings partner on strategic digital asset initiative

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

EEKA Fashion Holdings Limited and DL Holdings Group Limited have signed a strategic cooperation and investment agreement, effective September 12, 2025. DL Holdings will subscribe for 4,600,000 new EEKA shares at HK$6.50 each, totaling HK$29.9 million in gross proceeds. This represents about 0.65% of EEKA's enlarged share capital and an 18.75% discount to its closing price on September 12, 2025. The net proceeds of HK$29.6 million will be used for EEKA's general working capital.

DL Holdings will assist EEKA in tokenizing 10% of NEXY.CO's audited revenue for the financial year ending December 31, 2025, which represents a portion of EEKA's distributable profit. This initiative aims to create Real World Asset (RWA) tokens for distribution to qualifying EEKA shareholders, enhancing shareholder engagement and market profile through digital asset innovation.

This is a discloseable transaction for DL Holdings, as applicable percentage ratios exceed 5% but are less than 25%. For EEKA, the share issue will use about 3.27% of its general mandate, thus not requiring shareholder approval.

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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