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Quanshi International (00381.HK) Issues New Shares at 19.40% Discount, Capitalizing Loans of HKD39.77 million
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Quanshi International (00381.HK) announced that it will conduct a loan capitalization by issuing 147.3 million new shares to independent third party Ms. Ou Zhu at a price of HKD0.27 per share, representing a discount of 19.40% to the closing price on the previous trading day (2nd). The subscription amount of HKD39.77 million will be settled by offsetting the entire outstanding debt.

Upon completion, Ms. Ous shareholding in the company will increase from 4.5% to 15.07%. (de/d)

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This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.
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