CROSSTEC Group Announces Conversion of Convertible Bonds, Issuing 30 Million New Shares

Reuters

Feb 11

CROSSTEC Group Announces Conversion of Convertible Bonds, Issuing 30 Million New Shares

CROSSTEC Group Holdings Ltd. has announced the conversion of part of its convertible bonds $(CB)$ held by MKI. The company received a conversion notice from MKI for a principal amount of HK$3,300,000 at a conversion price of HK$0.11 per share. Following this conversion, 30,000,000 new shares were issued, increasing MKI’s shareholding from 84,700,000 shares (23.10% of total shares) to 114,700,000 shares (28.92% of total shares). The total number of issued shares in the company rose from 366,624,000 to 396,624,000 after the conversion.

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-20260211-12021783), on February 11, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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The company received a conversion notice from MKI for a principal amount of HK$3,300,000 at a conversion price of HK$0.11 per share. Following this conversion, 30,000,000 new shares were issued, increasing MKI’s shareholding from 84,700,000 shares (23.10% of total shares) to 114,700,000 shares (28.92% of total shares). The total number of issued shares in the company rose from 366,624,000 to 396,624,000 after the conversion.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>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. 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The company received a conversion notice from MKI for a principal amount of HK$3,300,000 at a conversion price of HK$0.11 per share. Following this conversion, 30,000,000 new shares were issued, increasing MKI’s shareholding from 84,700,000 shares (23.10% of total shares) to 114,700,000 shares (28.92% of total shares). The total number of issued shares in the company rose from 366,624,000 to 396,624,000 after the conversion.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>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-20260211-12021783), on February 11, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1215","symbol_name":"特殊消费者服务","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260211:nNDL1SV7Hz:1","article_id":"2610820869","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2610820869","pubTimestamp":1770800046,"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  held by MKI. The company received a conversion notice from MKI for a principal amount of HK$3,300,000 at a conversion price of HK$0.11 per share. Following this conversion, 30,000,000 new shares were issued, increasing MKI’s shareholding from 84,700,000 shares  to 114,700,000 shares . The total number of issued shares in the company rose from 366,624,000 to 396,624,000 after the conversion.Disclaimer: This news brief was created by Public Technologies  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  , on February 11, 2026, and is solely","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1215":"特殊消费者服务","03893":"易纬集团"},"translate_title":"CROSSTEC集团宣布可转债转换，发行3000万股新股","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03893":0.9},"content_text":"CROSSTEC Group Announces Conversion of Convertible Bonds, Issuing 30 Million New Shares\n    \n\n        CROSSTEC Group Holdings Ltd. has announced the conversion of part of its convertible bonds $(CB)$ held by MKI. The company received a conversion notice from MKI for a principal amount of HK$3,300,000 at a conversion price of HK$0.11 per share. 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