Tibet Water Resources Ltd. (01115) Announces Increase in Issued Shares Following Convertible Bond Conversions

Bulletin Express11-24

On 12, 19, and 21 November 2025, Tibet Water Resources Ltd. completed the allotment and issuance of 17,272,727 shares, 52,727,272 shares, and 37,272,723 shares, respectively, under partial conversions of HKD297,000,000 5% convertible bonds due 2026. Each allotment was made at HKD0.55 per share.

On 24 November 2025, the company also completed a full conversion of HKD138,000,000 8% convertible bonds due 2025, resulting in the issuance of 400,000,000 shares at HKD0.345 per share.

According to the announcement, the closing balance of issued shares (excluding treasury shares) on 24 November 2025 stood at 5,307,672,842, compared with 4,800,400,120 shares recorded on 31 October 2025.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment