WINTO GROUP (08238) plans to issue convertible bonds with a total principal amount of HK$3.5 million.
Huitao Group (08238) announced that on June 8, 2026, the company entered into a subscription agreement with subscriber Mr. Ma Haiyang, regarding the issuance of convertible bonds with a total principal amount of 3.5 million Hong Kong dollars. Upon conversion, at a preliminary conversion price of 0.2 Hong Kong dollars per share, a total of 17.418 million shares of convertible shares will be issued, equivalent to approximately 5% of the company's existing issued share capital and approximately 4.76% of the enlarged issued share capital after the issuance of convertible shares.
WINTO GROUP (08238) announced that on June 8, 2026, the company entered into a subscription agreement with Mr. Ma Haiyang, the subscriber, regarding the issuance of convertible bonds with a principal amount of HK$3.5 million. Upon conversion, a total of 17.418 million shares of convertible shares will be issued at a preliminary conversion price of HK$0.2 per share (subject to adjustment), representing approximately 5% of the company's existing issued share capital and approximately 4.76% of the enlarged issued share capital after the issuance of convertible shares.
The total amount raised from the subscription will be HK$3.5 million, with a net amount of approximately HK$3.2 million. The Group intends to use the net proceeds from the issuance of convertible bonds for general working capital.
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