According to the news from the Zhitong Finance APP, Weimob Inc (02013) rose more than 3% and as of press time, it has risen 3.47%, reporting 1.49 Hong Kong dollars and a turnover of 25.8543 million Hong Kong dollars.

On the message front, Weimob Inc announced that bondholders of 300 million US dollars non-interest convertible bonds due in 2026 (Guaranteed by Weimob Investment Limited, a wholly-owned subsidiary of the company) may exercise their right to require the issuer to redeem all or part of the bonds held by such bondholders at their option on June 7, 2024 (the put option date) at a redemption price of USD206,100 per USD200,000 principal amount of the bonds redeemed. The redemption notice has been delivered to the company, requiring the company to redeem all outstanding bonds (with a total principal amount of about USD5.39 million) on the put option date and settle them in cash for about USD5.558 million in advance of the redemption date in accordance with the terms and conditions of the bonds. The abovementioned redemption amount has been paid by the group's internal resources.

The directors believe that the early redemption can improve the company's asset-liability ratio and optimize the company's capital structure. Therefore, the directors believe that the early redemption is in the overall interests of the company and its shareholders.