高山企业(00616)发布公告，与截至2024年9月30日止6个月的净亏损约2.43亿港元比较，集团于截至2025 年9月30日止6个月的净亏损预期将大幅收窄至不多于3000万港元。预期净亏损减少主要由于(其中包括) (i)投资物业的公平值变动亏损减少;(ii)持作出售发展物业及持作出售物业的撇减净额的减少;(iii)修改可 换股票据条款的亏损减少;(iv)融资成本减少;及(v)按公平值计入损益的金融资产的公平值变动收益净 额。 ...

Core Viewpoint - The company plans to issue up to HKD 1.6 billion in convertible bonds to DigiPlus Interactive Corp, with an annual interest rate of 3% and an initial conversion price of HKD 1.00 per share, representing a discount of approximately 16.67% from the closing price of HKD 1.20 on the subscription agreement date [1] Summary by Relevant Sections - **Convertible Bonds Issuance** The company intends to issue convertible bonds totaling up to HKD 1.6 billion to DigiPlus Interactive Corp, with a fixed annual interest rate of 3% [1] - **Conversion Details** The initial conversion price is set at HKD 1.00 per share, which is about 16.67% lower than the market closing price of HKD 1.20 on the date of the subscription agreement [1] - **Impact on Share Capital** Upon full conversion of the bonds at the initial conversion price, the company will issue a total of 1.6 billion shares, which will represent approximately 53.89% of the enlarged issued share capital, assuming no changes in the issued share capital from the subscription agreement date until the conversion period [1]

Core Viewpoint - The company intends to issue convertible bonds worth up to HKD 1.6 billion to DigiPlus Interactive Corp, with an annual interest rate of 3% and an initial conversion price of HKD 1.00 per share, representing a discount of approximately 16.67% from the market price on the subscription agreement date [1] Group 1 - The total amount of the convertible bonds to be issued is HKD 1.6 billion [1] - The annual interest rate for the bonds is set at 3% [1] - The initial conversion price is HKD 1.00 per share, which is about 16.67% lower than the closing price of HKD 1.20 on the subscription agreement date [1] Group 2 - Upon full conversion of the bonds at the initial conversion price, the company will issue a total of 1.6 billion shares [1] - This issuance will represent approximately 53.89% of the company's enlarged issued share capital, assuming no changes in the issued share capital from the subscription agreement date until the full conversion of the bonds [1]

Core Viewpoint - The company has received multiple transfer documents regarding the remaining convertible bonds totaling USD 103.1 million, with a full conversion notice for USD 184 million received on September 25, 2025, leading to significant share issuance [1] Group 1: Convertible Bonds and Share Issuance - The company received transfer documents for convertible bonds amounting to USD 103.1 million between July 1, 2025, and September 25, 2025 [1] - On September 25, 2025, the board received a conversion notice for the total principal amount of USD 184 million, which represents the entire remaining convertible bonds [1] - Following the conversion, 2.5768 billion shares and 3.173 billion shares were issued to the subscribers and other remaining bondholders, respectively [1] Group 2: Share Capital and Public Holding - After the issuance of the conversion shares, the total number of issued shares increased to 12.637 billion [1] - The board confirmed that as of September 25, 2025, and the date of this announcement, at least 25% of the issued shares are held by the public, maintaining compliance with listing rules [1] - During the period from July 1, 2025, to the date of this announcement, the company issued and allocated at least 3.2167 billion conversion shares to 14 remaining bondholders (excluding subscribers), accounting for 25.45% of the expanded issued share capital [1]

Core Viewpoint - Energy and Energy Global (01142) announced the receipt of multiple transfer documents for the remaining convertible bonds totaling $103.1 million between July 1, 2025, and September 25, 2025 [1] Group 1 - On September 25, 2025, the board received conversion notices from subscribers and other remaining convertible bondholders for the total principal amount of $184 million, which represents the entire principal amount of the remaining convertible bonds [1] - According to the conversion notices, 2.5768 billion shares and 3.173 billion shares were issued and allotted to the subscribers and other remaining convertible bondholders, respectively [1] - Following the issuance and allotment of the unexercised conversion shares, the enlarged issued share capital amounts to 12.637 billion shares [1] Group 2 - The board confirmed that as of September 25, 2025, and the date of this announcement, no less than 25% of the issued shares are held by the public, maintaining the required public float as per listing rules [1] - During the period from July 1, 2025, to the date of this announcement, the company issued and allotted no less than 3.2167 billion conversion shares to 14 remaining convertible bondholders (excluding subscribers), accounting for 25.45% of the enlarged issued share capital [1]

Core Viewpoint - The company, Energy and Energy Global (01142.HK), is undergoing a significant financial restructuring through the conversion of convertible bonds, which is expected to improve its financial condition substantially [1] Group 1: Convertible Bonds and Share Issuance - The company received multiple transfer documents regarding a total principal amount of USD 103 million for remaining convertible bonds between July 1, 2025, and September 25, 2025 [1] - On September 25, 2025, the board received conversion notices for the remaining convertible bonds totaling USD 184 million, which represents the entire principal amount of the remaining convertible bonds [1] - Following the conversion notices, 2.577 billion shares and 3.173 billion shares were issued and allocated to the subscribers and other remaining convertible bondholders, respectively [1] Group 2: Impact on Share Capital and Debt - After the issuance and allocation of the unexercised conversion shares, the total number of issued shares expanded to 12.637 billion [1] - During the period from July 1, 2025, to the announcement date, the company issued and allocated no less than 3.217 billion conversion shares to 14 remaining convertible bondholders (excluding subscribers), accounting for 25.45% of the expanded total issued shares [1] - As of March 31, 2025, the company recorded a net debt position of HKD 1.978 billion, and after the full conversion of the remaining convertible bonds, the debt is expected to decrease by USD 400 million (approximately HKD 3.123 billion), significantly improving the company's financial condition [1]

Core Viewpoint - Future Data Group (08229) has announced the transfer of convertible bonds and subsequent conversion into shares, indicating active capital management and potential dilution of existing shares [1] Group 1 - On June 9, 2025, the company received a transfer form from original bondholder Mr. Huang Zhenxiu regarding the transfer of convertible bonds to independent third party Mr. Guo Hongjing [1] - On July 31, 2025, the company received a conversion notice from Mr. Guo, exercising the conversion rights attached to the convertible bonds at a conversion price of HKD 0.5, converting HKD 2 million of convertible bonds into 4 million shares [1] - On August 4, 2025, 4 million shares were issued to Mr. Guo, representing approximately 0.73% of the total issued shares before conversion and approximately 0.73% of the enlarged total issued shares after conversion [1]

Group 1 - Future Data Group (08229) announced the transfer of convertible bonds from original bondholder Mr. Huang Zhenxiu to independent third party Mr. Guo Hongjing [1] - On July 31, 2025, the company received a conversion notice from Mr. Guo, exercising the conversion rights of the convertible bonds at a conversion price of HKD 0.5, converting HKD 2 million of convertible bonds into 4 million conversion shares [1] - The 4 million conversion shares represent approximately 0.73% of the total issued shares prior to conversion and approximately 0.73% of the enlarged total issued shares after conversion [1]

Core Viewpoint - The company is facing legal challenges regarding its convertible notes, with a significant claim from a holder seeking to convert a portion of the notes into shares, raising questions about the validity of the notes and the 2015 acquisition [1][2]. Group 1: Convertible Notes Update - The company has issued convertible notes amounting to HKD 2.1824 billion, which are set to mature on April 20, 2024 [1]. - A holder, Yuhe Holdings Limited, is seeking to declare the convertible notes valid and binding, aiming to convert them into 110 million shares, representing 20.13% of the company's existing issued share capital [1]. - As of the announcement date, other holders of the convertible notes have not contacted the company for redemption [1]. Group 2: Legal and Regulatory Concerns - The company has raised concerns regarding the legality of the business acquired in 2015, specifically the P2P financing platform "Fajia," which ceased operations in 2020 due to regulatory issues [2]. - The acquisition cost, based on an implied price-to-earnings ratio of approximately 7.14 times, is now under scrutiny due to the aforementioned issues [2]. - The company has appointed legal advisors to address the validity of the 2015 acquisition and will act in the best interests of the company and its shareholders [2]. Group 3: Impact on Operations - The ongoing legal proceedings are not expected to significantly impact the company's daily operations or overall financial performance [3]. - The company is committed to actively responding to the lawsuit and will provide updates to shareholders and potential investors regarding any significant developments [3].