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Hao Bai International (08431) completed the issuance of 19.54 million shares of capitalization shares.
hao bai intl (08431) announced that it has issued capitalization shares and debt capitalization in accordance with the general mandate, and the full...
hao bai intl plans to issue a total of 19.54 million shares of capitalization shares to repay a debt of approximately 2.6379 million Hong Kong dollars.
hao bai intl (08431) announced that, after the trading session on August 22, 2024, the company entered into an agreement with creditors. According to the agreement, the company plans to issue a total of 19.54 million capitalization shares at a price of HK$0.135 per share to creditors, subject to the fulfillment of certain conditions, to repay a total debt of approximately HK$2.6379 million. The capitalization shares will account for approximately 5.56% of the enlarged share capital.
Express News | Hao Bai International (Cayman) - to Allot and Issue 19.5 Mln Capitalisation Shares at HK$0.135 per Share
Express News | Hao Bai International (Cayman) - Issue of New Shares Under General Mandate for Debt Capitalisation
Hao Bai Intl (08431) has completed the debt capitalization and issued new shares based on the general authorization.
Hao Bai Intl (08431) released an announcement, completing the capitalization of debt in accordance with the general authorization to issue new shares. The Board of Directors gladly announces it...
Hao Bai Intl plans to issue approximately 22.56 million capitalized shares at a discount of about 4.9% to repay some of its debts.
Hao Bai International (08431) has announced that on August 13, 2024, after the Hong Kong Stock Exchange trading session, the company reached an agreement with its creditors. According to the agreement, the company agreed to issue and distribute shares, and the creditors agreed to subscribe to 22.56 million capital shares at 0.135 Hong Kong dollars per share, subject to conditions, to clear part of the total debt. Each capital share is discounted by about 4.9% compared to the market price of HKD 0.142 per share on the Hong Kong Stock Exchange as of August 13, 2024 (the date of the agreement). Assuming that the number of shares issued by the company remains unchanged from the date of this announcement until the completion of debt capitalization,
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