Summary by Moomoo AI
NAGACORP Limited published its monthly report on securities changes as of December 31, 2024, on January 2, 2025. The report indicates that the company's authorized share capital and the number of issued shares remained unchanged in December.Specifically, the company's authorized capital stands at $0.1 billion, composed of 8 billion ordinary shares with a par value of $0.0125 per share. The total number of issued shares remains at 4,422,990,160 shares, excluding any treasury shares. Additionally, the total number of shares that can be granted under the share option scheme adopted on April 20, 2016, is 226,998,887 shares, although no Options were exercised during this month.It is noteworthy that the subscription agreement signed with ChenLipKeong Fund Limited in 2019 is still valid. The agreement involves a potential issuance of 1,142,378,575 settlement shares at an issue price of HKD 12.00 per share (adjustable). These shares will be used to pay for the development and construction costs of the Naga 3 project, but the specific issuance date has not yet been determined and will depend on the completion of the project and obtaining relevant legal approvals.