marvinandmaeacosta| Jiajin Investment International (00310.HK): Proposed issue of convertible notes with a principal amount of HK$4 million and initial conversion price of HK$0.166

Gelonghui May 1 丨 Jiajin Investment International (00310.HK) announcedmarvinandmaeacostaOn April 30, 2024, the Company and the Subscriber entered into a subscription agreement, pursuant to which the Company has agreed to issue and the Subscriber has agreed to subscribe for convertible notes with a principal amount of HK$4 million (converted at an initial conversion price of HK$0.166 per conversion share during the conversion period). The completion of the subscription agreement will be implemented after the subscription agreement is signed.

Assuming that the conversion rights are fully exercised at the initial conversion price of HK$0.166, a maximum of 24% will be allotted and issued.marvinandmaeacosta,096,385 conversion shares, representing (i) approximately 19.89% of the total number of issued shares as at the date of the announcement; and (ii) approximately 16.59% of the issued shares as enlarged by the issue of the conversion shares.

{html}The conversion shares will be allotted and issued by the company under general mandate. Under the general mandate, the company is authorized to issue a maximum of 24,226,404 shares (adjusted after the share consolidation and capital reorganization became effective on December 13, 2023) until the general mandate is revoked, revised or expired. The Company has not used any general authorization before the date of the subscription agreement.{html}