Phoenitron Holdings Ltd. has announced the conversion of convertible bonds, resulting in an issue of new shares under a general mandate. Following this conversion, the total number of shares has increased from 525,347,500 to 580,347,500. Best Heaven Limited and Golden Dice Co., Ltd., both wholly-owned by Mr. Tsai Chi Yuan, along with new public shareholders, now hold increased stakes, with public shareholders now owning 55,000,000 shares, representing approximately 9.48% of the total shares. The company's board is led by Chairman Ms. Lily Wu and includes other executive directors, demonstrating confidence in the company's strategic direction.
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