Momentum Financial Holdings Limited (Stock Code: 1152) issued a circular dated 20 October 2025 detailing proposals related to a debt restructuring plan. The plan includes the issuance of convertible bonds under a specific mandate, an application for a whitewash waiver, and a special deal concerning the repayment of a shareholder’s loan. According to the announcement, these proposals will require shareholder approval.

The proposed transactions are set to be considered at a special general meeting (SGM) on 10 November 2025, at 11:00 a.m., to be held at Units 5906–5912, 59th Floor, The Center, 99 Queen’s Road Central, Hong Kong. The circular outlines, among other things, the relevant settlement agreements, recommendations from the Independent Board Committee, an independent financial adviser’s opinion, and other necessary information.

The announcement advises shareholders and potential investors to review the circular carefully before voting on the related resolutions. Caution is also advised when dealing in the company’s securities, with the board confirming its responsibility for the accuracy of the information in the circular.