CROSSTEC Group Holdings Issues Shares on Convertible Bond Conversion

Reuters01-22 17:42

CROSSTEC Group Holdings Issues Shares on Convertible Bond Conversion

CROSSTEC Group Holdings Ltd. has announced the conversion of HK$3,300,000 in principal amount of convertible bonds by MKI at a conversion price of HK$0.11 per share. This transaction resulted in the issuance of 30 million new shares to MKI, increasing its shareholding from 20.52% to 28.55%. Following the conversion, the total number of issued shares of the company rose from 266,624,000 to 296,624,000.

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-20260122-11998616), on January 22, 2026, and is solely responsible for the information contained therein.

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