BGMC International to Issue 29.6 Million New Shares for RSLS Debt Settlement
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BGMC International Ltd. plans to issue 29.6 million new shares to settle outstanding RSLS debt. Under a Capitalisation Agreement dated December 31, 2025, the company will issue 29,588,744 shares at HK$2.320 each, totaling HK$68,645,886.08. This transaction will convert the debt owed by BGMC Corporation to RSLS holders into equity, with no cash proceeds raised.
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