CROSSTEC (3893) Announces Partial Convertible Bond Conversion and Updated Shareholding Structure

Bulletin Express02-11

CROSSTEC Group Holdings Limited (3893) announced the partial conversion of convertible bonds, following a conversion notice from MKI in respect of HK$3,300,000 worth of bonds at a conversion price of HK$0.11 per share. A total of 30,000,000 new shares were allotted and issued on 11 February 2026, raising the total number of issued shares from 366,624,000 to 396,624,000.

MKI remains the largest shareholder after conversion, holding 114,700,000 shares, which represents approximately 28.92% of the Company’s enlarged issued share capital. HIL maintains a holding of 70,000,000 shares, or about 17.65% of total issued shares, and other public shareholders collectively hold the remainder of 211,924,000 shares, equating to 53.43% of the total issued share capital.

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