CROSSTEC Group Holdings Announces Conversion of Convertible Bonds into 40 Million Shares

Reuters

11/26

CROSSTEC Group Holdings Announces Conversion of Convertible Bonds into 40 Million Shares

CROSSTEC Group Holdings Ltd. has announced the conversion of part of its convertible bonds. The company received a conversion notice from MKI for HK$4,400,000 of principal at a conversion price of HK$0.11 per share. This resulted in the issuance of 40,000,000 new shares, increasing the company's total issued shares to 226,624,000. Following the conversion, MKI remains the largest shareholder, holding approximately 28.55% of the enlarged share capital.

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. CROSSTEC Group Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251126-11929425), on November 26, 2025, and is solely responsible for the information contained therein.

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The company received a conversion notice from MKI for HK$4,400,000 of principal at a conversion price of HK$0.11 per share. This resulted in the issuance of 40,000,000 new shares, increasing the company's total issued shares to 226,624,000. Following the conversion, MKI remains the largest shareholder, holding approximately 28.55% of the enlarged share capital.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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. CROSSTEC Group Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251126-11929425), on November 26, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1215","symbol_name":"特殊消費者服務","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251126:nNDLcdf9fy:1","article_id":"2586259328","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2586259328","pubTimestamp":1764156736,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"CROSSTEC Group Holdings Ltd. has announced the conversion of part of its convertible bonds. 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