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Shengyang Group (08163) issues 47 million converted shares due to exercise of conversion rights

Zhitongcaijing·11/11/2026 10:25:01
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According to the Zhitong Finance App, Shengyang Group (08163) issued an announcement. According to the subscription agreement signed on October 10, 2024, the Company will issue permanent convertible securities with a total capital of HK$101 million on November 27, 2024. On November 11, 2026, one holder of perpetual convertible securities chose to exercise the right to convert HK$4.7 million in perpetual convertible securities into 47 million convertible shares.