Riscon Group (01679.HK) enters into loan capitalization agreement and placement agreement to repay debt.

date
28/05/2026
Zhitong Finance APP News, Riscon Group (01679.HK) announced that on May 27, 2026, the company entered into a loan capitalization agreement with GEOS, Haihua, Lianjia, Mr. Ning Jun and Ms. Guo Lei, intending to issue a total of approximately 69.817 million capitalization shares at a price of HK$0.46 per share to the subscribers, and convertible bonds with a principal amount of approximately HK$128 million. These bonds can be converted into a total of approximately 279 million convertible shares at a price of HK$0.46 per share. After the loan capitalization is completed, all liabilities under the loans of the subscribers will be considered fully paid, settled and discharged. The loan capitalization price of HK$0.46 represents a discount of approximately 11.54% compared to the closing price of HK$0.52 per share reported on the Hong Kong Stock Exchange on May 27, 2026.