Xinhua United Investment (08159.HK) proposes to issue convertible bonds with a principal amount of HK$2.288 million at a premium of approximately 2.14%.
Zhitong Finance APP news, Xinhua United Investment (08159.HK) announced that on September 30, 2026 (after trading hours, before the 2025/26 annual general meeting of shareholders), the company entered into a subscription agreement with the subscriber Zhongsheng Investment Group Limited, pursuant to which the subscriber has conditionally agreed to subscribe, and the company has conditionally agreed to allot and issue, convertible bonds in the principal amount of HK$2.288 million, with payment to be made by releasing and discharging part of the company's immediate payment obligation in respect of overdue liabilities owed to the subscriber group.
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