XH NEWS MEDIA Issues 153 Million Shares to Settle Debt Obligations

Stock News
May 27

XH NEWS MEDIA (00309) has announced the completion of a share issuance. On May 27, 2026, the company issued 153 million new shares pursuant to a general mandate. The proceeds from this issuance were used to offset a total of approximately HK$5.049 million in outstanding principal and interest under the company's debt obligations.

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