Yiwei Group Issues 70 Million Shares Due to Convertible Bond Conversion

MaticHoleFiller · 2026-03-16T19:43:21+00:00

Easyworth Group announced that it received a notice from HIL converting HK$7.7 million bonds into 70 million shares at HK$0.11 per share, which was completed on March 13, 2026. Following the conversion, the company's total shares increased to 467 million shares, with MKI remaining the largest shareholder, holding a stake of 24.58%.

MaticHoleFiller

2026-03-16 19:43:21

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Yee Wei Group (03893) announced that it received a conversion notice from HIL regarding the conversion of some HIL convertible bonds at a conversion price of HKD 0.11 per share, involving a principal amount of HKD 7.7 million. A total of 70 million shares related to the conversion and issuance have been completed as of March 13, 2026.

After the issuance of these converted shares and as of the date of this announcement, the company’s total issued shares have increased to 467 million, with the converted shares accounting for approximately 17.65% of the company’s issued share capital before the distribution and issuance of the converted shares, and about 15.00% after the distribution and issuance. MKI remains the largest shareholder, holding 114.7 million shares, accounting for approximately 24.58% of the company’s issued share capital after the distribution and issuance of the converted shares as of this announcement date.

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