Group 1 - The company, China Water Industry Group (01129), plans to issue convertible bonds with a total principal amount of HKD 278 million (approximately RMB 250 million) [1] - The initial conversion price is set at HKD 0.308 per share, which could result in the issuance of up to 903 million shares upon full conversion, representing about 142.90% of the currently issued shares [1] - The maximum total par value of the convertible shares will be HKD 90.34 million [1] Group 2 - After deducting related expenses, the estimated net proceeds from the issuance of the convertible bonds will be approximately HKD 278 million [2] - The company intends to use the entire net proceeds to repay debts owed to the International Finance Corporation (IFC) and other liabilities [2] - The net price per convertible share is approximately HKD 0.307, calculated by dividing the total net proceeds by the maximum number of convertible shares [2]
中国水业集团(01129)拟发行本金总额为2.78亿港元的可换股债券