CROSSTEC (03893) Announces 70 Million Share Issue via Convertible Note Conversion

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CROSSTEC Group Holdings Limited (03893) announced a conversion of convertible bonds on 6 February 2026, resulting in the issuance of 70,000,000 new ordinary shares at HKD 0.11 per share. This issuance is conducted under the HIL Subscription Agreement dated 2 June 2025, which was previously disclosed in a circular on 8 August 2025 and in an announcement on 6 February 2026.

Following the conversion, the total number of issued shares increased from 296,624,000 to 366,624,000, representing a 23.6% expansion in the company’s issued share capital. No share repurchases or treasury share changes were reported.

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No share repurchases or treasury share changes were reported.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"03893","symbol_name":"易纬集团","start_time":0,"source_url":"","article_id":"1163776945","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1163776945","pubTimestamp":1770368574,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"CROSSTEC Group Holdings Limited (03893) announced a conversion of convertible bonds on 6 February 2026, resulting in the issuance of 70,000,000 new ordinary shares at HKD 0.11 per share. 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