Tibet Water Resources (01115) announced that all prerequisites for the issuance of bonds set out in the subscription agreement have been met and that the bond issuance has been completed on June 19, 2024. As a result, the company has issued bonds with a total principal amount of HK$90 million to subscribers. Since the subscription price of HK$90 million is fully offset by the equivalent amount of the loan based on the $1 to $1 basis, the company will not collect cash proceeds from the bond issuance.
西藏水资源：完成发行本金额9000万港元2024年到期的10%可换股债券
Tibet Water Resources: Completed the issuance of 10% convertible bonds due in 2024 with a principal amount of HK$90 million
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