Country Garden Holdings Company Limited converted part of its zero-coupon mandatory convertible bonds (“MCB (A)”, maturity: 78 months from 30 June 2025) into equity on 15 May 2026, issuing 249.00 million new ordinary shares at HKD 2.60 per share.
The transaction lifted the company’s issued share count from 45.77 billion to 46.02 billion, a 0.54% increase. No treasury shares were outstanding before or after the conversion, and the announcement reported no share repurchases or cancellations.
The board confirmed that all regulatory and listing-rule requirements relating to the share issue have been satisfied.