INT'L ENT (01009) Plans to Issue Up to HK$1.6 Billion Convertible Notes

Stock News
11/17

INT'L ENT (01009) announced on November 17, 2025, that the company intends to issue convertible notes worth up to HK$1.6 billion to DigiPlus Interactive Corp. The notes will carry an annual interest rate of 3%, with an initial conversion price of HK$1.00 per share, representing a discount of approximately 16.67% compared to the closing price of HK$1.20 per share on the stock exchange as of the subscription agreement date.

Upon full conversion of the notes at the initial conversion price, the company will issue a total of 1.6 billion shares, equivalent to approximately 53.89% of the enlarged issued share capital (assuming no changes in the company's issued share capital from the subscription agreement date until the full conversion of the notes).

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