Far East Horizon Ltd. has announced a partial cancellation of its U.S.$300,000,000 2.50% guaranteed convertible bonds due 2025. As of June 6, 2025, bonds worth approximately 11.33% of the initial aggregate principal amount have been redeemed and cancelled. This includes a conversion of bonds worth U.S.$24,000,000 into 35,839,536 shares at a conversion price of HK$5.19 per share, and a redemption of bonds worth U.S.$10,000,000 at a conversion price of HK$6.59 per share.
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