Core Viewpoint - The company, Peili Nongbenfang (01498), has entered into a subscription agreement for convertible bonds with Protoss Global Opportunities Fund, agreeing to issue bonds worth HKD 20 million at a conversion price of HKD 0.49 per share [1] Group 1: Convertible Bonds - The total amount of the convertible bond subscription is approximately HKD 20 million, with a net amount of about HKD 19.85 million [1] - The company plans to utilize the net proceeds from the convertible bond subscription for various purposes, including operational funding and debt repayment [1] Group 2: Fund Allocation - Approximately HKD 10 million will be allocated for general operational expenses, including the procurement of raw herbs, employee costs, and rental expenses [1] - Around HKD 5 million will be used to repay existing bank loans, aiming to reduce the group's debt-to-equity ratio and lower financing costs [1] - The remaining proceeds will focus on expanding the group's existing business, specifically for upgrading production facilities and supporting the research and development of new concentrated traditional Chinese medicine granules [1]
培力农本方(01498)拟发行本金额为2000万港元的可换股债券