China Water Industry Group Limited announced that it has signed a supplemental subscription agreement with the prospective subscribers of its planned convertible bonds, extending the long-stop date for completion from the previous deadline to 30 June 2026.
The extension, agreed on 29 May 2026 after Hong Kong trading hours, provides additional time to satisfy the outstanding conditions precedent required under the original subscription agreement. All other terms and conditions of the subscription remain unchanged.
Management reiterated that completion of the convertible bond issuance is still subject to fulfilment of the agreed conditions; therefore, the transaction may or may not proceed. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.
The announcement was authorised by the board, which is chaired by Executive Director Mr. Zhu Yongjun. Independent non-executive directors are Mr. Wong Siu Keung, Joe; Mr. Lam Cheung Shing, Richard; and Mr. Mak Ka Wing, Patrick.