CROSSTEC boosts share capital by 10.98% after HKD 0.11 CB conversion

Bulletin Express04-14

On 14 April 2026, CROSSTEC Group Holdings Limited completed the conversion of convertible bonds issued under the MKI Subscription Agreement dated 2 June 2025, resulting in the allotment of 60.00 million new ordinary shares at HKD 0.11 per share.

The transaction expands the company’s issued share base from 546.62 million to 606.62 million shares, representing a 10.98 % dilution to existing shareholders. No treasury shares were involved, and there were no share repurchases or redemptions outstanding as of the same date.

The board confirmed that all proceeds were received and that the conversion complied with Hong Kong listing rules and relevant regulatory requirements.

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