STAR GROUP ASIA (01560) issues a total of 19 million conversion shares upon conversion of convertible bonds.

STAR GROUP ASIA (01560) announced that on October 13, 2026, the Company received a conversion notice from Mr. Watcharin Kunsuwan (Mr. Kunsuwan) exercising his right to convert convertible bonds with an aggregate principal amount of HK$45 million into 9 million conversion shares at a conversion price of HK$5.00 per conversion share; and a conversion notice from Mr. Lai Siu Hin (Mr. Lai) exercising his right to convert convertible bonds with an aggregate principal amount of HK$50 million into 10 million conversion shares at a conversion price of HK$5.00 per conversion share (the Conversions). Accordingly, 9 million and 10 million conversion shares, representing approximately 9.02% and 10.02% of the total number of issued shares immediately prior to the Conversions and the controlling shareholder conversion; and approximately 6.49% and 7.21% of the total number of issued shares as enlarged by the allotment and issue of the conversion shares (including the controlling shareholder conversion), will be allotted and issued to Mr. Kunsuwan and Mr. Lai respectively on October 14, 2026.