NAN NAN RES (01229) Proposes Extension of HK$200 Million Zero-Coupon Convertible Bonds Due 2026

Stock News
01/20

NAN NAN RES (01229) announced that on January 20, 2026, the company entered into a sixth supplemental deed with the subscriber to further extend the maturity date of the convertible bonds by 36 months. The outstanding principal amount of these zero-coupon convertible bonds is HK$200 million. Consequently, the conversion period will also be extended by 36 months, moving the final date to March 13, 2029. The agreement also incorporates a partial redemption right for the company. All other terms of the convertible bonds remain unchanged.

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