Summary by Moomoo AI
Net Group (02147.HK) completed the new share offering on June 5th, 2024. According to the placement agreement on May 14th, 2024, the company issued and distributed 160,000,000 new ordinary shares, accounting for 20% of the original issued shares. The issue price of new shares is HKD 0.138 per share, a 15.97% premium compared to the closing price of HKD 0.119 on the previous business day. After the issuance, the company's issued share capital increased to 960,000,000 shares. The company confirmed that the relevant issuance has been approved by the board of directors and all payments have been received, meeting all requirements of listing regulations.