Summary by Moomoo AI
Pak Tak Int'l Limited completed a major cost issuance Trade on December 31, 2024, issuing and allocating 0.95 billion new shares to buyers at an issue price of HKD 0.336 per share. This issuance increased the total number of issued shares from 4.68 billion to 5.63 billion, with the newly issued shares accounting for 20.3% of the shares outstanding before the issuance.The Trade originated from a sales agreement signed on February 29, 2024, and the relevant details have been disclosed in several prior announcements and circulars from the company. The company confirms that the share issuance has been formally authorized and approved by the Board of Directors, and complies with all applicable listing rules, laws, and other regulatory requirements. The company also confirms that it has received all payments due and has fulfilled all listing prerequisites.
