Global Sweeteners Holdings Limited has announced a new shareholder agreement involving the grant of call options over convertible bonds by substantial shareholders. The announcement was made voluntarily and highlights the involvement of key figures, including Mr. Kong Zhanpeng, Mr. Wang Tieguang, and Global Bio-chem Technology Group Company Limited. The agreement is part of ongoing developments related to the CB Subscription. As per the latest announcement, Mr. Wang has transferred the first batch of convertible bonds, amounting to RMB9.0 million, to Mr. Cui, an individual from the coal mining industry who is independent of the company. The conversion rights of these bonds will be exercisable only when the public float of the shares meets the minimum required percentage, in compliance with the Listing Rules. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange under the stock code 03889.
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