Luk Hing Subsidiary Betula Profit Holdings Issues HK$3 Million Convertible Bonds

Reuters
2025/07/14
Luk Hing Subsidiary Betula Profit Holdings Issues HK$3 Million Convertible Bonds

Luk Hing Entertainment Group Holdings Ltd., a company incorporated in the Cayman Islands, announced a significant financial move involving its non-wholly-owned subsidiary. On July 14, 2025, the subsidiary entered into a Subscription Agreement with an investor, agreeing to issue Convertible Bonds worth HK$3,000,000. These bonds, which bear a 10% interest rate, can be converted into equity interests of the subsidiary. This transaction marks a major financial step for the subsidiary, highlighting its strategic efforts to raise capital and potentially alter its shareholder structure.

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. Luk Hing Entertainment Group Holdings Ltd. published the original content used to generate this news brief on July 14, 2025, and is solely responsible for the information contained therein.

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