ZHIDAO INT'L plans to issue convertible bonds with a principal amount of HKD 11 million
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ZHIDAO INT'L plans to issue HKD 11 million convertible bonds to subscribers on January 13, 2025, with an initial conversion price of HKD 0.11 per share, representing a premium of approximately 22.2% over the closing price of HKD 0.09. If fully converted, it will convert into 100 million shares, accounting for approximately 5.05% of the existing issued share capital. The expected net proceeds are approximately HKD 10.8 million, mainly for daily operations and market expansion
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