Country Garden Approves Issue of 36 million Shares at HKD0.30 to Settle CoCom Restructuring Fees

Reuters03-09

<a href="https://laohu8.com/S/CTRYF">Country Garden</a> Approves Issue of 36 million Shares at HKD0.30 to Settle CoCom Restructuring Fees

Country Garden’s board approved issuing 36 million additional work-fee shares under its general mandate to help settle outstanding restructuring work fees owed to the CoCom steering committee. The shares will be issued to GLAS HK at an issue price of HKD 0.30 per share. Country Garden previously issued 135.59 million work-fee shares, but disposal proceeds were not expected to fully cover up to USD 8.21 million in CoCom work fees. Completion is conditional on Hong Kong’s Listing Committee approving the listing and trading of the additional 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. Country Garden Holdings Company Limited 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-20260309-12046231), on March 09, 2026, and is solely responsible for the information contained therein.

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