BASIC H NEWLIFE (08360) plans to issue convertible bonds with a total principal amount of HK$4.7 million.
Simple New Life (08360) issued a notice on December 20, 2024, the company intends to issue principal to subscribers...
BASIC H NEWLIFE (08360) announced on December 20, 2024, that the company plans to issue convertible bonds to subscribers with a total principal amount of HK$4.7 million. The initial conversion price for each convertible share is HK$0.6.
The net proceeds from the subscription are estimated to be approximately HK$4.5 million. The company plans to use the entire net proceeds from the subscription for the group's business operations and general working capital.
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