Annual Report 2019

244 SHOUGANG CONCORD CENTURY HOLDINGS LIMITED 首長寶佳集團有限公司 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 綜合財務報告附註 FOR THE YEAR ENDED 31 DECEMBER 2019 截至二零一九年十二月三十一日止年度 30 按公平值計入損益之金融負債 於二零一九年二月十一日（「發行日」）， 本公司向京西控股有限公司（「京西控 股」）（首鋼集團有限公司（「首鋼集 團」，本公司之有重要影響的主要股 東）的全資附屬公司）發行本金額為港 幣 150,000,000 元的可換股債券（「可換 股債券」）。可換股債券的代價為港幣 150,000,000 元。可換股債券按每年 4 ％ 的票面利率計息。 可換股債券持有人擁有： (i) 於二零二二年二月十一日（「原始到 期日」）要求本公司按 100% 尚未償 還本金額另加任何應計未付利息贖 回可換股債券的選擇； (ii) 按換股價（根據自可換股債券發行 日起至到期日止六個月的轉換日的 若干條件）將可換股債券轉換為本 公司普通股的選擇；及 (iii) 延長原始到期日兩次，每次一年至 二零二四年二月十一日止的選擇。 可換股債券，連同上述選擇，被指定為按 公平值計入損益之金融負債。 30 FINANCIAL LIABILITY AT FAIR VALUE THROUGH PROFIT OR LOSS On 11 February 2019 (the “Issuance Date”), the Company issued convertible bonds in the principal amount of HK$150,000,000 (the “Convertible Bonds”) to Jingxi Holdings Limited (“Jingxi Holdings”), a wholly-owned subsidiary of Shougang Group Co., Ltd (“Shougang Group”, which is the substantial shareholder with significant influence of the Company). The consideration for the Convertible Bonds was HK$150,000,000. The Convertible Bonds are interest bearing at a coupon rate of 4% per annum. The holder of the Convertible Bonds has: (i) the option to demand the Company to redeem the Convertible Bonds on 11 February 2022 (the “Original Maturity Date”) at 100% of the principal amount outstanding plus any accrued and unpaid interest; (ii) the option to convert the Convertible Bonds into ordinary shares of the Company at a conversion price derived on certain conditions at the date of conversion falling 6 months from the Issuance Date and up to the maturity date of the Convertible Bonds; and (iii) the option to extend the Original Maturity Date twice by one year each to the date falling on 11 February 2024. T h e C o n v e r t i b l e B o n d s , t o g e t h e r w i t h t h e abovementioned options, were designated as a financial liability at fair value through profit or loss.