Core Viewpoint - China Water Industry Group (01129.HK) has announced a conditional agreement to issue HKD 278 million convertible bonds, with a preliminary conversion price of HKD 0.308 per share, potentially leading to the issuance of up to 903,409,090 shares upon full conversion [1] Group 1 - The company has entered into a subscription agreement with subscribers for the issuance of convertible bonds totaling HKD 278 million [1] - The preliminary conversion price is set at HKD 0.308 per share, which is subject to adjustments [1] - Upon full exercise of the conversion rights, the maximum number of shares to be issued will represent approximately 142.90% of the total shares currently issued as of the announcement date [1] Group 2 - After the conversion of the bonds, the total issued share capital will increase by approximately 58.83%, assuming no changes in the company's issued share capital from the announcement date until the bonds are fully converted [1] - The issuance of the convertible shares is subject to approval by shareholders at a special general meeting [1]
中国水业集团(01129.HK)拟发行2.78亿港元可换股债券