Archosaur Games subsidiary invests $20m in wealth management products
Archosaur Games Inc. announced that its wholly-owned subsidiary, Archosaur Entertainment, subscribed for Wealth Management Products totaling $20.0 million as of November 19, 2025. These subscriptions, made through Standard Chartered Hong Kong, include two Bond Linked Notes totaling $13.0 million on November 19, 2025, and two TOTAL RETURN CREDIT LINKED INVESTMENT WITH EMBEDDED CURRENCY HEDGE ARRANGEMENTS AND USDCNY FOREIGN EXCHANGE SINGLE RANGE ACCRUAL INTERESTs totaling $7.0 million on May 29, 2025.
The May 2025 subscriptions did not individually constitute a discloseable transaction, but when aggregated with the November 2025 subscriptions, the transactions exceed 5% but are less than 25% of the applicable percentage ratios. Consequently, these aggregated transactions are classified as discloseable transactions under Listing Rule 14.22, requiring notification and announcement but exempting them from shareholder approval.
The board believes these investments represent a reasonable and effective use of temporary idle funds, aiming to enhance capital gain while ensuring capital safety and liquidity. The investments are expected to deliver relatively stable returns and will not affect the group's daily operations or principal business development. The subscription amounts were financed by the group’s own funds.
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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