Summary by Moomoo AI
Merchong China filed with Hong Kong Trading and Settlement Limited on 5 January 2024 the Monthly Securities Change Report for the year ended 31 December 2023. The report showed that the company's regulated/registered share capital remained at HK$1,500,000,000, and the number of ordinary shares remained unchanged at 15,000,000,000 shares. The report also mentioned changes in three bonds, including 1.0%/2.0% convertible notes issued on November 20, 2023 with maturity 2032, non-interest-bearing mandatory convertible notes due 2028 and controlling shareholder bonds. The number of shares exchanged for these bonds is 21,896,648 shares, 2,475,113,989 shares and 405,018,994 shares, respectively, with the respective conversion prices of HK$20 and HK$4 per share. Ordinary shares increased to 2,902,029,631 shares this month. The report confirms that all issues of securities have been authorised by the Board of Directors and comply with the requirements of the Securities Listing Rules of the Hong Kong Stock Exchange Limited.