On 16 March 2026, Country Garden Holdings Company Limited (02007.HK) issued a combined 15.06 million new ordinary shares following the conversion of two tranches of zero-coupon mandatory convertible bonds (MCBs).
• MCB (A) Conversion: 13.38 million shares were issued at HKD 2.60 each, representing 0.0315% of the company’s pre-event issued share capital.
• MCB (B) Conversion: 1.67 million shares were issued at HKD 10.00 each, accounting for 0.0039% of the pre-event share base.
Aggregate Impact: The two conversions expanded Country Garden’s issued share capital from 42.56 billion to 42.57 billion shares, a net increase of 0.04% (approximately 15.06 million shares). No treasury-share movements, repurchases, or redemptions were reported.
All share issuances were authorised by the board and executed in compliance with the Hong Kong Stock Exchange’s Main Board Listing Rules and other applicable regulations.