DTXS SILK ROAD (00620) has completed the second round of placement of convertible bonds.

date
19:23 02/04/2026
avatar
GMT Eight
Datang West Market (00620) announces that all conditions for the issuance of a batch of convertible bonds totaling 12 million Hong Kong dollars (the second batch of placements) have been met, and the second batch of placements was completed on April 2, 2026. After the completion of the second batch of placements (i.e. the final batch of placements), no further batches will be completed. As of the date of this announcement, convertible bonds with a total principal amount of 23 million Hong Kong dollars have been placed to the underwriter in accordance with the revised and restated placement agreement.
DTXS SILK ROAD (00620) announced that all conditions for the second tranche of convertible bonds totaling HK$12 million have been met and the transaction was completed on April 2, 2026. After the completion of the second tranche (i.e., the final tranche), there will be no more tranches. As of the date of this announcement, convertible bonds totaling HK$23 million have been sold to subscribers in accordance with the revised and restated subscription agreement. In the first tranche, Mr. Meng Ruigang subscribed for convertible bonds totaling HK$11 million. Mr. Meng Ruigang is a Chinese resident with over 10 years of experience in the coal mining industry. In the second tranche, Xinjiang Chuangyou Jiateng Trading Co., Ltd. (Xinjiang Chuangyou) and Mr. Wang Wenming subscribed for convertible bonds totaling HK$1 million and HK$11 million, respectively.