EASYKNIT INT'L subsidiary plans to sell 33.75% of the outstanding principal amount of the 2023 convertible bonds for HKD 27 million
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EASYKNIT INT'L announced that its indirectly wholly-owned subsidiary will sign an agreement with the buyer on September 5, 2025, to sell 33.75% of the outstanding principal amount of the 2023 convertible bonds, with a total transaction amount of HKD 27 million, at a premium of HKD 3.375 million. The board of directors believes that adopting a prudent investment strategy to enhance liquidity is beneficial in the context of economic uncertainty, and the proceeds from the sale will be used for general working capital and repaying bank loans
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