Summary by Moomoo AI
Hang Yick Holdings Limited completed a share placement activity on June 19, 2024. According to the placement agreement on May 23, 2024, the company issued and distributed 153,520,000 new shares through general authorization, which is equivalent to 20% of the total issued shares of the company. The issue price per share was HKD 0.054. Before this share placement, the total number of issued shares of the company was 767,600,000 shares, which has increased to 921,120,000 shares after the placement. The company confirmed that the share issuance, sale, or transfer of treasury shares has been formally authorized and approved by the board of directors and complied with all applicable listing rules, laws, and other regulatory requirements. In addition, the company has received all payments due and has fulfilled all prerequisites under the listing eligibility criteria.
