Domain Energy Holdings, a Hong Kong-listed company, has announced an agreement to acquire approximately 5.56% of the issued share capital of VAX, a licensed virtual asset exchange in Hong Kong. The acquisition, valued at HK$100 million, will be financed through a combination of HK$24 million in cash and HK$76 million via the issuance of three-year zero-coupon convertible bonds. The bonds are convertible at a price of HK$2.5 per share.
Domain Energy Holdings to Acquire 5.56% Stake in VAX for HK$100 Million
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