Asiaray (01993) intends to issue perpetual subordinated convertible securities with a principal amount of HK$40 million.

Zhitong Finance APP News, Yasheng Wei (01993) announced that on November 2, 2026, the Company entered into a subscription agreement with the subscriber Space Management Limited, pursuant to which the subscriber has conditionally agreed to subscribe, and the Company has conditionally agreed to issue, perpetual subordinated convertible securities in the principal amount of HK$40 million, which may be converted into conversion shares at an initial conversion price of HK$0.455 per conversion share (subject to adjustment).