Zhitong Finance App News, Zhongliang Holdings (02772) issued an announcement. The company is pleased to announce that all the restructuring conditions have been met, and the effective date of the restructuring will be implemented on March 20, 2024.
After issuing convertible bonds on the effective date of the restructuring, the Company hereby reminds holders of the convertible bonds that the conversion period will begin 10 trading days after the effective date of the restructuring (i.e. April 8, 2024) and end 10 trading days before July 1, 2027. Subject to the terms and conditions of convertible bonds, the initial conversion price for convertible bonds is HK$1.2 per share.