协鑫科技(03800.HK)拟发行不超11.7亿港元可换股债

Core Viewpoint - GCL-Poly Energy Holdings Limited (03800.HK) announced the issuance of convertible bonds totaling up to HKD 1.17 billion, which will be used for investments in a merger and acquisition fund [1] Group 1: Convertible Bonds Issuance - The company entered into a subscription agreement for the issuance of convertible bonds with a total principal amount not exceeding HKD 1.17 billion [1] - The conversion price is set at HKD 1.60 per share, subject to adjustments, leading to the issuance of a total of 731,250,000 shares upon full conversion [1] - The newly issued shares represent approximately 2.20% of the company's existing issued share capital and about 2.15% of the enlarged issued share capital after the conversion [1] Group 2: Use of Proceeds - The total proceeds from the issuance of the convertible bonds will amount to approximately HKD 1.17 billion [1] - The funds are intended for investment in a merger and acquisition fund, which requires approval from both the company and the subscribers [1]