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GD-HKGBA HLDGS (01396.HK) will apply for the listing and Quote of mandatory convertible Bonds on SGX.
On April 25, Gelonghui reported that GD-HKGBA HLDGS (01396.HK) announced that in the proposed amendments to the contract, the company suggested, subject to obtaining the necessary consent, to redeem all notes through the issuance of mandatory convertible Bonds. Regarding the proposal to issue mandatory convertible Bonds under special authorization, the company will apply to the Listing Committee for approval to list and trade shares converted from the mandatory convertible Bonds. The company will apply for the mandatory convertible Bonds to be listed and quoted on SGX.
Express News | Guangdong Hong Kong Greater Bay Area - Application Will Be Made by Co for Listing of, and Permission to Deal in, Mcb Conversion Shares
Express News | Guangdong Hong Kong Greater Bay Area - Notes Refers to Issued US$413.6 Mln and US$26 Mln Aggregate Principal Amount Issued in April and Sept 2023
Express News | Guangdong Hong Kong Greater Bay Area - Anticipated Nonpayment of Interest on Notes Due on April 28, Others
Express News | Guangdong Hong Kong Greater Bay Area-Soliciting Consents From Eligible Holders to Waive Any Potential Default From Anticipated Nonpayment of Interest
GD-HKGBA HLDGS (01396.HK) intends to sell all shares of Faith Channel Limited for 50 million Hong Kong dollars.
On April 25, Glonghui reported that GD-HKGBA HLDGS (01396.HK) announced that on April 25, 2025, the seller (a subsidiary of the company wholly owned by Yizhun Limited) and the buyer (Perfect Current Investment Limited, a company incorporated in the British Virgin Islands) entered into a share transfer agreement regarding the sale. According to the share transfer agreement, the buyer conditionally agrees to purchase the target equity for a price of HKD 50 million. The target company (Faith Channel Limited) is