Phoenitron Holdings Ltd. Announces Share Issue Following Convertible Bond Conversion

Reuters
05-28
Phoenitron Holdings Ltd. Announces Share Issue Following Convertible Bond Conversion

Phoenitron Holdings Ltd. has announced the conversion of convertible bonds, resulting in an issue of new shares under a general mandate. Following this conversion, the total number of shares has increased from 525,347,500 to 580,347,500. Best Heaven Limited and Golden Dice Co., Ltd., both wholly-owned by Mr. Tsai Chi Yuan, along with new public shareholders, now hold increased stakes, with public shareholders now owning 55,000,000 shares, representing approximately 9.48% of the total shares. The company's board is led by Chairman Ms. Lily Wu and includes other executive directors, demonstrating confidence in the company's strategic direction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Phoenitron Holdings Ltd. published the original content used to generate this news brief on May 28, 2025, and is solely responsible for the information contained therein.

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