CROSSTEC Group Holdings completes HKD 7.7 million convertible bond conversion into 70 million shares

Reuters03-13 16:42

CROSSTEC Group Holdings completes HKD 7.7 million convertible bond conversion into 70 million shares

CROSSTEC said it received a conversion notice from HIL for HKD 7.7 million of convertible bonds at a conversion price of HKD 0.11 per share. The conversion was completed on 13 March 2026 and resulted in 70 million new shares being issued. After the issuance, the company’s issued share count increased to 466.62 million, with the conversion shares representing 15% of the enlarged share capital.

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-20260313-12051029), on March 13, 2026, and is solely responsible for the information contained therein.

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