Eminence Enterprise Completes Major Acquisition and Restructures Convertible Notes

Eminence Enterprise Limited ( (HK:0616) ) has issued an announcement.

Eminence Enterprise Limited has completed a very substantial and connected acquisition of Mark Profit, following approval by independent shareholders, with completion taking place on 15 January 2026 and Mark Profit now becoming a wholly owned subsidiary to be consolidated into the group’s accounts. The HK$286.8 million purchase price was fully settled through the issuance of a 2025 convertible note to Goodco, enabling the potential issuance of up to 1.697 billion new shares upon conversion, while the company simultaneously adjusted the conversion price of an existing 2023 convertible note from HK$0.07 to HK$0.05 per share, increasing the underlying conversion shares from 350 million to 490 million, a move that strengthens financing flexibility but also signals potential dilution for existing shareholders as Eminence deepens its reliance on convertible debt to fund expansion.

The most recent analyst rating on (HK:0616) stock is a Hold with a HK$0.36 price target. To see the full list of analyst forecasts on Eminence Enterprise Limited stock, see the HK:0616 Stock Forecast page.

More about Eminence Enterprise Limited

Eminence Enterprise Limited is a Bermuda-incorporated company listed on the Hong Kong Stock Exchange (Stock Code: 616). While this announcement does not detail its operating segments, it confirms an expansion of the group through acquisition, with newly acquired Mark Profit becoming a wholly owned subsidiary to be consolidated into the group’s financial statements, indicating an ongoing strategy of growth via corporate transactions and structured financing instruments such as convertible notes.

Average Trading Volume: 10,329,439

Technical Sentiment Signal: Hold

Current Market Cap: HK$551.7M

For a thorough assessment of 0616 stock, go to TipRanks’ Stock Analysis page.