Wai Chun Biotec lifts issued share capital by 6.52% via HK$1.35 million convertible-bond conversion

Bulletin Express
May 05

Wai Chun Bio-Technology Limited reported a 6.52% expansion in its issued share capital after converting HK$1.35 million of outstanding convertible bonds into equity on 05 May 2026.

The transaction resulted in the allotment and issuance of 22.50 million new ordinary shares at HK$0.01 each. Following the conversion, the company’s total number of issued shares (excluding treasury shares) increased to 367.64 million from 345.14 million as at 30 April 2026.

No treasury shares were created, redeemed or sold, and there were no on-market share repurchases or cancellations during the period under review.

The board confirmed that the share issuance complied with all relevant requirements of the Hong Kong Stock Exchange’s Main Board rules, and that all funds due from the conversion have been duly received.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10