On 13 March 2026, CROSSTEC Group Holdings Limited (stock code: 03893) issued 70.00 million new ordinary shares following the conversion of convertible notes under the HIL Subscription Agreement dated 2 June 2025.
The new shares, priced at HKD 0.11 each, increase the company’s issued share base from 396.62 million to 466.62 million shares, representing a 17.65% expansion.
No treasury-share movements, share repurchases, or redemptions were reported during the period.
The board confirmed that the share issue complied with all applicable listing rules and regulatory requirements, and all proceeds have been duly received.
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