China Silver Technology Holdings (HKG:0515) entered into agreements to issue Convertible Bonds worth HK$16.07 million to subscribers under the general mandate, according to a Friday filing with the Hong Kong bourse.
The initial conversion price is HK$0.10 per share, which suggests that 160,659,678 new shares will be issued, representing 14.18% of the current share capital.
Net proceeds of HK$15.8 million will primarily repay borrowings and fund working capital.
The company's shares were up 14% at the end of trading.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。