According to the announcement released by Wealthink AI (01140) on the smart finance app, it subscribed to bonds issued by the issuer through its wholly-owned subsidiary WK Century on May 25th, 30th, June 5th and 8th, 2023. The amounts are 0.197 billion Hong Kong dollars, 0.197 billion Hong Kong dollars, 0.33 billion Hong Kong dollars and 0.251 billion Hong Kong dollars, respectively, totaling 0.975 billion Hong Kong dollars. The bonds will be subject to an annual interest rate of 7.5%, and will mature on May 23rd, 2024. The issuer will redeem all the bonds on May 23rd, 2024.

The company subscribed to the bonds for investment purposes. The Board of Directors believes that subscribing to the bonds is a good investment due to its stable returns and considering the background and financial performance of the guarantor. The Board believes that the terms and conditions of the bonds are in accordance with general commercial terms and are fair and reasonable, and subscribing to the bonds is in the overall interest of the company and its shareholders.