TIBET WATER (01115) plans to issue convertible bonds in the amount of HK$138 million.
Tibet Water Resources (01115) announced that on February 13, 2025, the company plans to issue new shares to subscribers Whole...
Tibet Water (01115) announces that on February 13, 2025, the company plans to issue a total principal amount of HK$138 million of 8% convertible bonds to subscriber Wholeking Holdings Limited.
Assuming the bonds are fully converted at the preliminary conversion price of HK$0.345, the bonds will be convertible into 400 million shares, equivalent to approximately 8.74% of the company's existing issued share capital and approximately 8.03% of the company's issued share capital after the conversion.
Related Articles
CLSA: Maintains "Outperform" rating on JNBY (03306), target price HK$25, expects FY2027 sales and net profit to increase by 8% and 9% respectively.
Jefferies: Maintains "Buy" rating on GEELY AUTO (00175), target price HK$32.8; AI smart charging day narrows the gap in weak areas
HK Stock Market Move | NEW GONOW RV (00805) surged nearly 15% in late trading as ten government departments jointly introduced measures to boost RV consumption; the company maintains a leading market share in New Zealand and Australia.
CLSA: Maintains "Outperform" rating on JNBY (03306), target price HK$25, expects FY2027 sales and net profit to increase by 8% and 9% respectively.
Jefferies: Maintains "Buy" rating on GEELY AUTO (00175), target price HK$32.8; AI smart charging day narrows the gap in weak areas
HK Stock Market Move | NEW GONOW RV (00805) surged nearly 15% in late trading as ten government departments jointly introduced measures to boost RV consumption; the company maintains a leading market share in New Zealand and Australia.
