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Green Leader Seeks Further Extension of HK$395 Million Connected Convertible Notes

Story Highlights
  • Green Leader has HK$395 million of convertible notes held by connected parties, previously extended to mature in June 2026.
  • The company signed new deeds to further extend these notes’ maturity, subject to independent shareholder and exchange approvals.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Green Leader Seeks Further Extension of HK$395 Million Connected Convertible Notes

Meet Samuel – Your Personal Investing Prophet

Green Leader Holdings Group Limited ( (HK:0061) ) has provided an announcement.

Green Leader Holdings Group Limited has outstanding convertible notes totaling HK$395 million issued to substantial shareholder China OEPC and connected person Ms. Hao, originally maturing in October 2022 and previously extended to June 26, 2026. China OEPC holds roughly 17.92% of the company’s share capital, making both it and Ms. Hao connected persons under Hong Kong listing rules.

The company has now entered into second amendment deeds with China OEPC and Ms. Hao to further extend the maturity date of these convertible notes to a new date falling on the second anniversary of completion of the latest amendments, while leaving all other terms unchanged. As the changes constitute connected transactions, they require independent shareholders’ approval and Stock Exchange consent, and the company has cautioned investors that completion of the extensions remains subject to satisfaction of conditions precedent.

More about Green Leader Holdings Group Limited

Green Leader Holdings Group Limited is a Bermuda-incorporated company listed in Hong Kong under stock code 61. Its shareholder base includes substantial investor China OEPC, which holds about 17.92% of the company’s issued share capital and is indirectly wholly owned by former executive director Mr. Zhang, with his spouse Ms. Hao also identified as a connected person.

Average Trading Volume: 216,398

Technical Sentiment Signal: Sell

Current Market Cap: HK$34.73M

For detailed information about 0061 stock, go to TipRanks’ Stock Analysis page.

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