Core Viewpoint - Yongyi International (01218) has announced the sale of approximately 47.17% of the outstanding principal amount of its 2023 convertible bonds for a total consideration of HKD 25 million, reflecting a premium of HKD 3.125 million [1] Group 1: Transaction Details - The seller, Jiahao Development Limited, an indirect wholly-owned subsidiary of the company, has entered into an agreement with buyers Xu Yinglong, Liu Junming, and Fast Upgrade Limited [1] - The 2023 convertible bonds have an initial principal amount of HKD 209 million and carry an annual interest rate of 5% [1] - The bonds can be converted into shares of Gaoshan at an adjusted conversion price at any time before the fifth anniversary of issuance, which is February 19, 2028 [1] Group 2: Strategic Rationale - Given the current economic uncertainty, the board believes that adopting a prudent investment strategy to liquidate financial assets will enhance the group's liquidity position [1] - The proceeds from the sale will be used as general working capital for the group, covering administrative expenses and repaying bank loan principal and interest [1]

Core Viewpoint - Yongyi International (01218) has announced the sale of approximately 47.17% of the outstanding principal amount of its 2023 convertible bonds for a total consideration of HKD 25 million, reflecting a premium of HKD 3.125 million [1] Group 1: Transaction Details - The seller, Jiahao Development Limited, a wholly-owned subsidiary of the company, has entered into an agreement with buyers Xu Yinglong, Liu Junming, and Fast Upgrade Limited [1] - The 2023 convertible bonds have an initial principal amount of HKD 209 million and carry an annual interest rate of 5% [1] - The bonds can be converted into shares of Gaoshan at a conversion price basis, which is subject to adjustments, at any time before the fifth anniversary of issuance on February 19, 2028 [1] Group 2: Strategic Rationale - Given the current economic uncertainty, the board believes that adopting a prudent investment strategy to liquidate financial assets to enhance the group's liquidity position is beneficial [1] - The proceeds from the sale will be used as general working capital for the group, covering administrative expenses and repaying bank loan principal and interest [1]

Core Viewpoint - Yongyi International (01218.HK) has entered into an agreement to sell approximately 47.17% of the outstanding principal amount of its 2023 convertible bonds for a total consideration of HKD 25 million, with a premium of HKD 3.125 million [1] Group 1 - The seller, an indirect wholly-owned subsidiary of the company, has agreed to sell the convertible bonds [1] - The buyer has agreed to purchase the convertible bonds at a total price of HKD 25 million [1] - The transaction includes a premium of HKD 3.125 million over the principal amount [1]

Core Viewpoint - Yongyi International (01218) has announced the sale of 33.75% of the outstanding principal amount of its 2023 convertible bonds for a total consideration of HKD 27 million, with a premium of HKD 3.375 million [1] Group 1 - The seller, an indirect wholly-owned subsidiary of the company, has entered into an agreement with the buyer for the sale [1] - The company aims to adopt a prudent investment strategy to liquidate its financial assets in light of the current economic uncertainty [1] - Proceeds from the sale will be used for general working capital, including administrative expenses and repayment of bank loan principal and interest [1]

Core Viewpoint - Yongyi International (01218) has announced the sale of 33.75% of the outstanding principal amount of its 2023 convertible bonds for a total consideration of HKD 27 million, reflecting a premium of HKD 3.375 million [1] Group 1 - The seller, an indirect wholly-owned subsidiary of the company, has entered into an agreement with the buyer for the sale [1] - The company aims to adopt a prudent investment strategy to liquidate its financial assets in light of the current economic uncertainty [1] - Proceeds from the sale will be used for general working capital, including administrative expenses and repayment of bank loan principal and interest [1]

Core Viewpoint - Yongyi International (01218.HK) has entered into an agreement to sell 33.75% of the outstanding principal amount of its 2023 convertible bonds for a total consideration of HKD 27 million, with a premium of HKD 3.375 million [1] Group 1 - The seller is an indirect wholly-owned subsidiary of the company [1] - The proceeds from the sale will be used as general working capital for the group, including administrative expenses and repayment of bank loan principal and interest [1] - The board believes that adopting a prudent investment strategy to liquidate financial assets is beneficial in light of the current economic uncertainty [1]