Summary by Moomoo AI
Heritage Education Group Limited (“Legacy Education”) issued a notice on 24 April 2024 clarifying its proposed plan to issue convertible bonds. The Company will hold an Extraordinary General Meeting to approve the relevant subscription agreements and transactions, including the issuance of convertible notes and subsequent exchange shares, which will be issued under a special mandate but subject to approval by the General Meeting. The completion of all subscription agreements will be pending the adoption of the necessary resolutions by the Extraordinary General Meeting. The Company will send the relevant Circular to Shareholders as soon as possible in accordance with the Listing Rules. In addition, Heritage Education has applied to resume trading on April 25, 2024 at 1 p.m., which has been suspended since 9 a.m. The members of the Board include two executive directors, three non-executive directors and three independent non-executive directors and are responsible for the content of the publication to ensure that the information is accurate.