JX Energy Ltd. (HK:3395) has released an update.
JX Energy Ltd. has clarified previous typographical errors in its announcement concerning the Convertible Loan Agreement, stating the deemed price per share is at a premium ranging from 10.74% to 11.11% above recent closing prices. The company also detailed the impact of the loan conversion on its shareholding structure, where the issuance of new shares will adjust the ownership percentages among major shareholders and a new lender.
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