Issue of Shares under a General Mandate / Issue of Convertible Securities / Issue of Warrants/ Issue of Shares under a Specifc Mandate/Capital Reorganisation
On 19 January 2021 (after trading hours), the Company entered into the Subscription Agreement with the Subscriber in relation to the issue and subscription of the Convertible Notes and Warrants up to the aggregate principal amount not exceeding the Total Commitment of US$15,000,000 (equivalent to HK$116,250,000) but not less than the Minimum Commitment of US$5,000,000 (equivalent to HK$38,750,000) which are secured by the Share Charge and the purchase of the Warrant at the price of US$1.00 (equivalent to HK$7.75).