SMOORE INTL (06969) announced a series of note subscription transactions. On August 29, 2024, the Group subscribed for notes with a total principal amount of US$50 million (approximately HK$390 million) issued by Citigroup Global Markets Limited. On March 13, 2025, the Group subscribed for notes with a total principal amount of US$30 million (approximately HK$234 million) issued by Citigroup Global Markets Limited. On April 22, 2025, the Group subscribed for notes with a total principal amount of US$60 million (approximately HK$468 million) issued by Citigroup Global Markets Limited. On June 16, 2025, the Group subscribed for notes with a total principal amount of US$40 million (approximately HK$312 million) issued by Citigroup. On May 12, 2026, the Group subscribed for notes with a total principal amount of US$100 million (approximately HK$780 million) issued by Citigroup Global Markets Limited. These subscription transactions were funded by the Group's existing available cash reserves and free cash flow.
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