Brief: Quali-Smart to issue convertible notes with principal amount of HK$80 mln

Quali-Smart Holdings

02/05/2017 13:23

May 2 (Reuters) - Quali-Smart Holdings Ltd  1348.HK : 
    * Co agreed to issue, and Benefit Global Limited agreed to 
subscribe for convertible notes with a principal amount of hk$80 
million 
    * Convertible notes shall bear interest at simple interest 
rate of 6% per annum, payable quarterly in arrears 
    * Net proceeds from notes issuance will be used for 
repayment of liabilities, expansion of  financial services 
business under Crosby Group 
 
Source text: [http://bit.ly/2oTxW6V] 
Further company coverage:  1348.HK  
 
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