MILLENNIUM PG issued 34.536 million shares of convertible stock to Shengfa
MILLENNIUM PG announced that on October 10, 2025, it will issue 34.536 million shares to Shengfa as a result of exercising the conversion rights attached to the convertible bonds. The conversion will be conducted at a price of HKD 0.25 per share, involving an amount of HKD 8.634 million. After the conversion, the newly issued shares will account for approximately 16.67% of the total issued shares
According to the Zhitong Finance APP, MILLENNIUM PG (08147) announced that on October 9, 2025, the company received a conversion notice from Shengfa regarding the exercise of the conversion rights attached to the convertible bonds. The company will convert HKD 8.634 million of convertible bonds into 34.536 million shares at a conversion price of HKD 0.25 per share. Therefore, on October 10, 2025, in accordance with the terms and conditions of the convertible bonds, the company will issue 34.536 million shares to Shengfa under the relevant general authorization, which represents approximately 20.00% of the total number of shares issued immediately before the conversion and approximately 16.67% of the total number of shares issued after the conversion
