FE HORIZON: US$250 Million 2026 Zero-Coupon Convertible Bonds Fully Converted; Listing to Cease on 15 June 2026

Bulletin Express

06/05

Far East Horizon Limited (FE HORIZON) announced that the entire original issue of US$250.00 million zero-coupon guaranteed convertible bonds due 2026—issued by Universe Trek Limited and unconditionally guaranteed by FE HORIZON—has been fully converted into ordinary shares of the company.

All bonds have now been cancelled, leaving no outstanding balance. Consequently, the securities will be removed from the Hong Kong Stock Exchange upon the close of business on 15 June 2026.

The conversion and cancellation complete the company’s obligations under the 2021 Convertible Bonds programme first launched on 27 May 2021 and subsequently subject to multiple conversion-price adjustments between June 2021 and September 2025.

The announcement was signed by Chairman and Chief Executive Officer Mr. Kong Fanxing on 5 June 2026.

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