NAN NAN RES (01229) plans to extend the maturity date of the HK$200 million zero-coupon convertible bonds due in 2026.
South-South Resources (01229) announced that on January 20, 2026, the company entered into a sixth amendment agreement with the subscriber to further extend the maturity date of the convertible bonds (principal amount of HK$200 million of outstanding and exercisable zero-coupon convertible bonds) by 36 months and extend the conversion period by an additional 36 months to March 13, 2029; and include certain redemption rights of the company. All other terms of the convertible bonds remain unchanged.
NAN NAN RES (01229) announced that on January 20, 2026, the company entered into the sixth amended agreement with the subscriber to further extend the maturity date of the convertible bonds (with a principal amount of HK$200 million outstanding and exercisable zero-coupon convertible bonds) by 36 months to March 13, 2029, and to further extend the conversion period by 36 months; and incorporate certain redemption rights of the Company. Apart from the above, all terms of the convertible bonds remain unchanged.
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