Summary by Futu AI
Pacific Shipping filed an updated Securities Monthly Change Report with Hong Kong Trading and Settlement Limited on 29 February 2024. The report shows that as of the end of February 2024, the company's regulated/registered share capital remained at $36,000,000,000 with a face value of $0.01 per share for a total of $360,000,000, unchanged from the previous month. In addition, the Company has an annual interest rate of 3.00% on $175,000,000 and guaranteed convertible notes maturing in 2025, which totaled $33,610,000 at the end of last month, unchanged during the month, and may therefore issue 181,635,393 new shares. The conversion price of the convertible bond has been adjusted from HK$1.50 per share to HK$1.45. COMPANY SECRETARY MOJETTING CONFIRMED THAT ALL SECURITIES ISSUANCE WAS AUTHORISED BY THE BOARD OF DIRECTORS AND COMPLIED WITH THE RELEVANT REQUIREMENTS OF THE SECURITIES LISTING RULES OF THE HONG KONG STOCK EXCHANGE LIMITED.