FINWIRES · TerminalLIVE
FINWIRES

ANTA Sports Cuts Convertible Bond Conversion Price After Dividend Approval

By

ANTA Sports Products (HKG:2020) will adjust the conversion price of its 1.5 billion euros zero-coupon guaranteed convertible bonds due in 2029 to HK$99.80 from HK$101.13 following shareholder approval of a final dividend, according to a Tuesday Hong Kong bourse filing.

Shares of the Chinese sportswear group were down nearly 1% in Wednesday morning trade.

The adjustment will take effect on May 19.

ANTA declared a final dividend of HK$1.08 per share for 2025, with shareholders on record as of May 18 eligible for the payout.

Assuming full conversion of the bonds following the adjustment, the bonds will be convertible into about 122.6 million shares, representing about 4.38% of the company's issued share capital.

Related Articles

Asia

South West Pinnacle Exploration Bags New Orders Worth INR227 Million

South West Pinnacle Exploration (NSE:SOUTHWEST, BOM:543986) has secured three work orders worth a total of 226.8 million Indian rupees for exploration, drilling, and related support services, according to a Tuesday filing to the Indian stock exchanges.The company received two letters of award totaling 96.8 million Indian rupees from Odisha Lift Irrigation Corporation for the installation of successful deep borewells for a solar pumping system in Odisha, India.It also got a work order of 130 million rupees from Hindmetal Exploration Services for the exploration, drilling, and support services in the state of Rajasthan.The three projects will be executed in the current financial year.

BOM:543986NSE:SOUTHWEST
Asia

Shenzhen Airport Logs 2.7% Rise in April Passenger Throughput

Shenzhen Airport (SHE:000089) passenger throughput rose 2.7% year over year to 5.5 million in April, according to a Tuesday filing with the Shenzhen bourse.Cargo and mail throughput increased 1.6% to 169,800 tons.Aircraft movements, or takeoffs and landings, rose 2.3% to 36,770.

SHE:000089
Asia

Mani Books Dividend Income From Overseas Units

Mani (TYO:7730) received dividend income of 2.22 billion yen from three consolidated overseas subsidiaries as part of its group cash management strategy, according to a Tuesday filing on the Tokyo Stock Exchange.The dividends came from Mani Medical Hanoi, Mani Hanoi, and Mani Medical India Private Limited, and were received on April 28.The company said it will book the amount as non-operating income in its standalone financial statements for the fiscal year ending August 2026.

TYO:7730