Brief: MMG Announces Placing Price Of HK$8.88 Per Share, Net Proceeds Expected At HK$6,253 Million
16/06/2026 02:46
BRIEF-MMG Announces Placing Price Of HK$8.88 Per Share, Net Proceeds Expected At HK$6,253 Million June 16 (Reuters) - MMG Ltd 1208.HK:
PLACING PRICE HK$8.88 PER SHARE; NET PROCEEDS EXPECTED AT HK$6253 MILLION
TO ISSUE US$800 MILLION ZERO COUPON CONVERTIBLE BONDS DUE 2027
NET PROCEEDS FROM BONDS ESTIMATED AT US$813 MILLION
BONDS CONVERTIBLE AT INITIAL PRICE OF HK$10.21 PER SHARE
Further company coverage: 1208.HK
((Reuters.Briefs@thomsonreuters.com;))
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