Summary by Futu AI
HEESAN INVESTMENTS LIMITED (THE “COMPANY”) AND ITS ISSUER ELECT GLOBAL INVESTMENTS LIMITED ANNOUNCED THAT AS OF APRIL 21, 2024, THEY HAVE REPURCHASED AND WRITTEN OFF CERTAIN SECONDARY GUARANTEED SUSTAINABLE CAPITAL SECURITIES IN THE AMOUNT OF $99,995,000, APPROXIMATELY 11.76% OF THE TOTAL INITIAL ISSUE AMOUNT, UNDER THE PROVISIONAL AGREEMENT. The remaining unredeemed principal amount of the Sub-Guaranteed Sustainable Capital Securities is $750,005,000, representing 88.24% of the total initial principal amount. The Company and the issuer indicate that they will continue to monitor market conditions and may repurchase the securities further at the appropriate time. The Company and the Issuer will make announcements in accordance with Rule 37.48 (a) of the Listing Rules of Hong Kong United Exchange Limited for each repurchase or write-down of 5% of the initial principal amount. The list of the members of the Board of Directors of the Company and the issuer's Board of Directors is also provided in the announcement. Investors should exercise caution when buying and selling securities.