TONGGUAN GOLD(00340.HK): Completes Partial Conversion of Convertible Bonds, Allots 6 Million New Shares
NewTimeSpace News: TONGGUAN GOLD(00340.HK) received a conversion notice from Tongfei Investment Co., Ltd. on January 28, 2026. The latter has exercised the conversion right of the convertible bonds and partially converted the bonds with a total principal of HK$6.6 million.
The conversion price for this time is HK$1.1 per share. Pursuant to this, Tongguan Gold allotted and issued 6 million new shares to the bondholder on January 28, 2026. After the completion of the conversion, the remaining outstanding principal amount of the original convertible bonds with a total value of HK$33 million is HK$26.4 million.
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