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International Commercial Settlement plans to issue US$500 million shares and invest HK$450 million in the Web3 sector
According to Foresight News, according to the announcement of the Hong Kong Stock Exchange, Hong Kong-listed company International Commercial Settlement Holdings Co., Ltd. (0147.HK), announced the allocation and issuance of subscribed shares with a face value of approximately US$500 million, of which up to approximately HK$450 million is used for potential investment opportunities, especially opportunities in cryptocurrency-related businesses and Web 3.0 fields.
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