Dream Oriental (00593) issued an announcement. The company received Yang Quanlin's share exchange notice on January 10, 2024, to...
According to the Zhitong Finance App, Dream Oriental (00593) issued an announcement. The company received Yang Quanlin's share exchange notice on January 10, 2024 to exercise his right to convert the principal amount of RMB 77 million into 44.5511 million shares of the company's shares in exchange for the exchange price of HK$2 per share. Therefore, on January 12, 2024, the company allotted and issued 44.511 million shares in exchange for subscribers1;
Yan Hui announced the exchange of shares on January 10, 2024, to exercise his right to convert convertible bonds with a principal amount of RMB 80 million to 46.2765 million shares at the exchange price of HK$2 per share. Therefore, on January 12, 2024, the company allotted 46.2765 million shares in exchange for shares to subscribers2;
Zhang Zhiqiang's share exchange notice on January 10, 2024, exercised his right to convert convertible bonds with a principal amount of RMB 80 million to 46.2765 million shares at the exchange price of HK$2 per share. As a result, the company allotted and issued 46.2765 million shares in exchange for shares to 3 subscribers on January 12, 2024; and
Huang Xianping's share exchange notice on January 10, 2024, exercised his right to convert the principal amount of RMB24 million convertible bonds to 13.882,900 shares at the exchange price of HK$2 per share. As a result, the company allotted and issued 13.882,900 exchange shares to 4 subscribers on January 12, 2024.
A total of 151 million shares have been allocated and issued after conversion 1 to 4. These shares enjoy the same benefits as all other existing issued common shares of the company in all aspects, and they account for about 52.88% of the company's total issued share capital before the share exchange, and account for about 34.59% of the company's total issued share capital expanded by allocating and issuing a total of 151 million shares in exchange after the share exchange.