Group 1 - The company, Hengyu Group (02448), announced a restructuring agreement set to take effect on January 5, 2026, which includes capital restructuring, subscription matters, and a creditors' plan [1] - The company plans to issue approximately 104 million subscription shares at a price of about HKD 0.30634 per share, with investors agreeing to subscribe for shares totaling around HKD 32 million [1] - The subscription shares will represent about 90% of the enlarged issued share capital after the capital restructuring and subscription matters are completed [1] Group 2 - A creditors' plan will be implemented, allowing accepted plan creditors to receive cash compensation and, if applicable, a proportionate share of the net proceeds from transferred claims [2] - The creditors' plan requires approval from creditors, independent shareholders, the Hong Kong court, and relevant regulatory bodies, and aims to fully settle claims against the company as of the liquidation order date (July 15, 2024) [2] - The trading unit for shares on the stock exchange will change from 2,500 existing shares to 2,000 consolidated shares following the share consolidation [2] Group 3 - All directors' powers were terminated upon the issuance of the liquidation order on July 15, 2024, and no current directors are involved in company matters [3] - An independent financial advisor has been appointed to provide recommendations to independent shareholders regarding the restructuring agreement and related transactions [3] - Trading of the company's shares was suspended on July 15, 2024, and will remain suspended until further notice [3]
恒宇集团将实施股本重组 继续停牌