CROSSTEC Group Announces Conversion of Convertible Bonds, Issuing 30 Million New Shares

Reuters02-11

CROSSTEC Group Announces Conversion of Convertible Bonds, Issuing 30 Million New Shares

CROSSTEC Group Holdings Ltd. has announced the conversion of part of its convertible bonds $(CB)$ held by MKI. The company received a conversion notice from MKI for a principal amount of HK$3,300,000 at a conversion price of HK$0.11 per share. Following this conversion, 30,000,000 new shares were issued, increasing MKI’s shareholding from 84,700,000 shares (23.10% of total shares) to 114,700,000 shares (28.92% of total shares). The total number of issued shares in the company rose from 366,624,000 to 396,624,000 after the conversion.

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-20260211-12021783), on February 11, 2026, and is solely responsible for the information contained therein.

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