CROSSTEC Group Holdings Announces Conversion of Convertible Bonds into Shares

Reuters01-13
CROSSTEC Group Holdings Announces Conversion of Convertible Bonds into Shares

CROSSTEC Group Holdings Ltd. announced the conversion of part of its convertible bonds. The company received a conversion notice from HIL for the principal amount of HK$4,400,000 at a conversion price of HK$0.11 per share. As a result, 40,000,000 new shares were issued to HIL, with the conversion and share issuance completed on 13 January 2026. Following the transaction, HIL holds 15.00% of the company’s total shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CROSSTEC Group Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260113-11989125), on January 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment