大唐西市拟发行本金额最高达3.23亿港元的可换股债券

Core Viewpoint - 大唐西市 (00620) announced a placement agreement to issue convertible bonds worth up to HKD 323 million, with a coupon rate of 3.85% and an initial conversion price of HKD 0.95, representing a premium of approximately 5.56% over the closing price on October 17, 2025 [1] Group 1 - The company plans to use approximately 80% of the net proceeds, estimated at HKD 310 million, for the renovation of shopping center projects and property development [1] - The remaining 20% of the proceeds will be allocated for the group's working capital to cover daily operational expenses [1]