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Silkwave Adjusts Conversion Price for Convertible Bonds to HK$7 per Consolidated Share
silkwave inc (00471.HK): Adjusting the conversion price of convertible bonds.
Gelonghui October 10th | Silkwave Inc (00471.HK) announced that, according to the terms and conditions of the convertible bonds, the conversion price must be adjusted due to the share consolidation. The conversion price of the convertible bonds will be adjusted after the share consolidation takes effect. Hereby notifies that, according to the terms and conditions of the convertible bonds, the conversion price will be adjusted due to the share consolidation. The conversion price (currently HK$0.35 per existing share) will be adjusted to HK$7.00 per consolidated share, effective from October 10, 2024. Taking into account the outstanding principal amount of USD 12,000,000 of the convertible bonds as of the announcement date, in accordance with the provisions
Silkwave Inc Announces Effective Share Consolidation
The merger of Silkwave Inc (00471.HK) shares will take effect on October 10th.
Grace Glory announced on October 9th that all conditions of the capital restructuring as stated in the circular, including the approval of the ordinary resolution for the merger of shares by the shareholders at the special general meeting, have been met, and the share merger will take effect on October 10, 2024.
Silkwave Inc Shareholders Approve Restructuring
SILKWAVE INC: Interim Report 2024
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