FilingReader Intelligence

Sky Light Holdings completes convertible bond placement

July 4, 2025 at 05:03 PM UTCBy FilingReader AI

Sky Light Holdings Limited has announced the completion of its placing of convertible bonds under a general mandate. The company issued HK$46,200,000 in convertible bonds on July 4, 2025, to at least six placees, as per the New Placing Agreement. The net proceeds from the placing, approximately HK$44,500,000, will be allocated strategically: 34% (HK$15,130,000) towards general working capital for the Imaging Products Segment amid US tariff concerns, 33% (HK$14,685,000) for the On-demand Delivery System Services Segment's initial phase, and 33% (HK$14,685,000) to partially repay existing bank loans and a shareholder's loan. Full conversion of these bonds could result in the issuance of approximately 34,321,390 new shares, representing about 3.29% of the enlarged issued share capital.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

HKEX:3882Hong Kong Exchange

News Alerts

Get instant email alerts when SKYLIGHT HLDG publishes news

Free account required • Unsubscribe anytime

Filing Activity Timeline

View Complete Filing History →