Riscon Group (01679.HK) enters into loan capitalization agreement and placement agreement to repay debt.
Zhitong Finance APP News, Riscon Group (01679.HK) announced that on May 27, 2026, the company entered into a loan capitalization agreement with GEOS, Haihua, Lianjia, Mr. Ning Jun and Ms. Guo Lei, intending to issue a total of approximately 69.817 million capitalization shares at a price of HK$0.46 per share to the subscribers, and convertible bonds with a principal amount of approximately HK$128 million. These bonds can be converted into a total of approximately 279 million convertible shares at a price of HK$0.46 per share. After the loan capitalization is completed, all liabilities under the loans of the subscribers will be considered fully paid, settled and discharged. The loan capitalization price of HK$0.46 represents a discount of approximately 11.54% compared to the closing price of HK$0.52 per share reported on the Hong Kong Stock Exchange on May 27, 2026.
Latest
9 m ago

