Smart-Core Holdings Ltd. Announces Revised Allocation of IPO Proceeds to Support Staff Expansion, Marketing, E-Commerce Platform Enhancement, R&D, and Potential Industry Acquisitions
Reuters
Dec 17, 2025
Smart-Core Holdings Ltd. Announces Revised Allocation of IPO Proceeds to Support Staff Expansion, Marketing, E-Commerce Platform Enhancement, R&D, and Potential Industry Acquisitions
Smart-Core Holdings Ltd. has announced a change in the use of unutilised proceeds from its initial public offering. The revised strategy will focus on several key areas: hiring additional staff for sales, marketing, business development, and improvement of warehouse facilities; increasing advertising and organizing marketing activities to promote the company's e-commerce platform, Smart Core Planet, and new products; enhancing and further developing the e-commerce platform and technology infrastructure; conducting research and development; and funding potential acquisitions or investments in businesses or companies in the e-commerce or electronics industry. The company states that these changes are intended to support its business strategies and more effective deployment of financial resources.
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