Crosstec (HKG:3893) converted HK$8.8 million of convertible bonds issued to MK Investment Group into 80 million shares at HK$0.11 apiece, according to a Thursday Hong Kong bourse filing.
The shares represent around 9.45% of the interior design firm's enlarged issued share capital. The firm now has roughly 846.6 shares in issue.
MK Investment remains the company's largest shareholder.
Modern Dental Group (HKG:3600) recorded a revenue of HK$987.5 million for the three months ended March 31, up 12% from HK$881.1 million a year prior, according to a Thursday Hong Kong bourse filing.Sales volume for the quarter jumped 4% year over to around 720,000 cases from 692,000 cases in the year-ago period.
Seacon Shipping (HKG:2409) unit Seacon Colombo agreed to sell a bulk carrier vessel to Medway Marine for a little over $35.6 million, according to a Thursday Hong Kong bourse filing.The vessel, Seacon Colombo, is a 25,175 gross tonnage bulk carrier to be built and delivered by July 26.The vessel is chartered to the seller under a bareboat charter from Qihang Zhongzhou 4 Leasing (Tianjin). The seller will buy the vessel by exercising a purchase option.
EPI (HKG:0689) unit EPI ESG Investment (New Zealand) agreed to provide a NZ$3.1 million loan facility to Fanchen Dou, according to a Thursday Hong Kong bourse filing.The facility has an interest rate of 6% per annum and a term of eight months.A first mortgage related to certain lands and properties in Auckland, New Zealand, was pledged as collateral against the loan.