MOMENTUM FIN (01152.HK) issued convertible bonds to creditors to repay debts of 91.53 million yuan.

MOMENTUM FIN (01152.HK) announced that it has reached a settlement agreement with Rosy Benefit, Sunrising, and Zheng Lizhong (creditors), under which the company plans to capitalize the outstanding debt to creditors by issuing convertible bonds with a total principal amount of 91.53 million yuan. The bonds will have a term of two years; an annual interest rate of 3%; a conversion price of 0.02 yuan, which represents a 73.33% discount compared to the price before trading suspension; the newly convertible shares will account for 82.34% of the expanded share capital of the company. The company's shares have applied to resume trading on Thursday (the 9th).

AASTOCKSJan 8 23:38

MOMENTUM FIN (01152) has entered into a settlement agreement with creditors to capitalize the outstanding debts owed to them, resuming trading on January 9.

MOMENTUM FIN (01152) announced that on October 18, 2024 (after trading hours), the company...

Zhitong FinanceJan 8 23:00

MOMENTUM FIN: CLARIFICATION ANNOUNCEMENT IN RELATION TO THEANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2019 ANDTHE ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2020

HKEXJan 8 18:05 · Announcements

momentum fin (01152.HK) received a legal request for repayment.

Gelonghui October 10| momentum fin (01152.HK) announced that the company received a legal requirement for repayment letter dated October 10, 2020, issued by the legal advisor acting on behalf of the bill holder in accordance with the company's (Liquidation and Miscellaneous Provisions) Ordinance (Chapter 32 of the Laws of Hong Kong) Section 327(4)(a), requesting the company to pay the bill holder the principal amount of the bill together with accrued interest of HKD 20,316,438 within three weeks from the date of service of the legal requirement for repayment letter, otherwise the bill holder may take action against the company.

Gelonghui FinanceOct 10, 2024 21:35

MOMENTUM FIN: Interim Report 2024

HKEXSep 25, 2024 16:32 · Announcements

Momentum Fin (01152.HK) has suspended trading to await the publication of insider information.

On September 17th, Gelon Announcement reported that the company's shares will be suspended from trading on the Main Board of the Hong Kong Stock Exchange from 9:00 am on September 17, 2024, pending the publication of relevant insider information about the company.

Gelonghui FinanceSep 17, 2024 17:35