Times China Holdings Limited (01233) disclosed in its monthly return for 28 February 2026 that the authorized share capital remained at 10.00 billion ordinary shares, each with a par value of HKD 0.10, totaling HKD 1.00 billion. The number of issued shares rose from 2.86 billion shares to 2.92 billion shares, reflecting a 57.41 million-share increase primarily driven by conversions of two sets of zero coupon mandatory convertible bonds.
According to the announcement, MCB I decreased from USD 826.02 million to USD 792.06 million in outstanding principal following conversion, resulting in approximately 44.16 million newly issued shares at HKD 6 per share. MCB II declined from USD 258.84 million to USD 241.86 million, bringing about 13.25 million new shares at HKD 10 per share. As of the end of February 2026, the company’s total issued shares reached 2.92 billion, meeting the relevant public float requirement.
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