B.Duck Semk Holdings Announces Completion of Share Placing
B.Duck Semk Holdings International Completes Share Placing, Raises HK\$19.8 Million
B.Duck Semk Holdings International Limited (Stock Code: 2250), a Cayman Islands-incorporated company, has announced the successful completion of its share placing exercise under a general mandate. This development is significant for shareholders and investors, as it impacts the company’s capital structure and future growth strategies.
Key Highlights of the Share Placing
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Completion Date and Terms: The placing was completed on 25 February 2026, following the fulfillment of all conditions outlined in the Placing Agreement.
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Shares Issued: A total of 27,362,000 new shares were successfully placed to no fewer than six independent placees at a price of HK\$0.74 per share.
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Gross and Net Proceeds: The gross proceeds from the placing amounted to HK\$20,247,880. After deducting commission, professional fees, and related expenses, net proceeds are approximately HK\$19.8 million.
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Oversubscription: The actual number of shares placed was lower than the maximum of 67,568,000 shares previously announced, resulting in lower net proceeds than the earlier estimate of HK\$49.5 million.
Use of Proceeds
The company has outlined a clear plan for the deployment of the net proceeds:
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50% (approximately HK\$9.9 million): To be used for developing IP-related product manufacturing.
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30% (approximately HK\$5.9 million): For expansion of urban entertainment projects.
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20% (approximately HK\$4.0 million): Allocated for general working capital purposes.
Impact on Shareholding Structure
| Shareholder |
Before Placing
Shares (%) |
After Placing
Shares (%) |
| Mr. Hui Ha Lam (Chairman & CEO) |
674,004,000 (68.71%) |
674,004,000 (66.84%) |
| Mr. Lyu Xingyuan (Executive Director) |
250,000 (0.02%) |
250,000 (0.02%) |
| Placees |
– (0%) |
27,362,000 (2.72%) |
| Other Public Shareholders |
306,739,000 (31.27%) |
306,739,000 (30.42%) |
| Total |
980,993,000 (100%) |
1,008,355,000 (100%) |
Important Notes for Shareholders
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No New Substantial Shareholders: None of the placees have become substantial shareholders as a result of this placing.
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Shareholding Dilution: While the founding shareholder, Mr. Hui Ha Lam, retains majority control, his percentage shareholding slightly decreased due to the enlarged share base.
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Lower Proceeds Than Expected: The actual net funds raised (HK\$19.8 million) are significantly less than the projected amount (HK\$49.5 million), which could impact the scale or timing of planned initiatives.
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Potential Share Price Sensitivity: The dilution from the new shares and the lower than anticipated capital raise may affect the company’s share price. However, the successful placement and clear use of proceeds may also be viewed positively by investors seeking growth from IP products and urban entertainment expansion.
Board and Management
The management team remains unchanged, with Mr. Hui Ha Lam continuing as Chairman and CEO. The Board includes both executive and independent non-executive directors, reflecting a stable governance structure.
Investor Takeaway
The successful completion of this share placing marks a key strategic move for B.Duck Semk Holdings, providing fresh capital for growth initiatives. Shareholders should note that while the dilution effect is modest, the proceeds are less than originally targeted, which may influence the company’s growth trajectory in the near term. The focus on IP-related products and urban entertainment projects underlines management’s intent to diversify and strengthen future revenue streams.
Disclaimer: This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell any securities. Investors should conduct their own research or consult a qualified professional before making investment decisions. All information is based on the company’s official announcement as of 25 February 2026 and may be subject to change.
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