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Weimob Plans Sale of $90 Million 7.5% Convertible Bonds
Express News | Weimob Inc - Issue Price of 2024 Convertible Bonds Shall Be 97.625 per Cent
Weimob Inc (02013.HK): Recommend repurchasing $85 million convertible bonds with guarantee maturing in 2029.
On August 29th, Weimob Inc. (02013.HK) announced that its fully-owned subsidiary, as the issuer, will issue $85 million 7.50% guaranteed convertible bonds due in 2029 unconditionally and irrevocably guaranteed by the company. The total principal amount of the outstanding convertible bonds not yet redeemed is $85 million (the "remaining convertible bonds"). On August 29th, 2024, the issuer and the company entered into an agreement proposing to repurchase the remaining convertible bonds.
Express News | Voluntary Announcement- Proposed Repurchase of US$85 Million- Guaranteed Convertible Bonds Due 2029
Dual high-quality business operations, weimob inc (2013.HK) returning to value logic.
Weimeng's future growth prospects are clear.
Weimob Inc (02013.HK): Fei Leiming was appointed as an executive director.
On August 21st, GeLonghui reported that Guo Junxian has submitted his resignation as an executive director of weimob inc (02013.HK). The reason for his resignation is personal work arrangements, which will take effect from August 21, 2024. The board of directors further announced that Fei Leiming has been appointed as an executive director, effective from August 21, 2024.
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