Brief: Huazhang Technology Says To Issue HK$100 Mln Convertible Bonds
24/11/2020 04:35
Nov 24 (Reuters) - Huazhang Technology Holding Ltd
1673.HK :
* ISSUE OF CONVERTIBLE BONDS UNDER GENERAL MANDATE
* CONDITIONALLY AGREED TO ISSUE HK$100 MILLION IN BONDS
* BASED ON INITIAL CONVERSION PRICE OF HK$0.85 & ASSUMING
FULL
CONVERSION, BONDS WILL BE CONVERTIBLE INTO 117.6 MILLION NEW
SHARES
Source text for Eikon: ID:nHKSHSnTm
Further company coverage: 1673.HK
((Reuters.Briefs@thomsonreuters.com))
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