STARPLUS LEGEND (06683) plans to offer a discount of approximately 19.91% to existing shareholders for a rights issue, with a maximum net proceeds of around HK$324 million.

STARPLUS LEGEND (06683) announced that on July 25, 2025 (after trading hours), the company, the seller (company executive director, chief financial officer, and major shareholder Lai Guohui), and the placing agent entered into a placing and subscription agreement. The seller intends to sell 37.5245 million existing shares through the placing agent at a price of HK$9.13 per share, and the company intends to issue 37.5245 million subscription shares to the seller at a subscription price of HK$9.13 per share, representing a discount of approximately 19.91% to the closing market price of HK$11.40 per share on the Hong Kong Stock Exchange on July 25, 2025. Assuming the subscription shares are fully placed, the net proceeds of approximately HK$324 million will be allocated as follows: approximately 38.2% for expanding the retail distribution network (including vending machines and smart mechanical devices); approximately 12.4% for developing IP flagship stores (including Zhou Tongxue flagship stores and collaboration stores with other top IP); approximately 18.5% for IP licensing expenses; approximately 6.8% for investing in entertainment and sports facilities for future collaborations; approximately 14.1% for IP exhibitions; and approximately 10.0% for general operating capital and other ordinary business purposes.