Space Group (02448) announced that 220 million shares of allocated shares will be sold for HKD 0.68 per share according to share sale matters on June 19, 2024 (Wednesday) at 4 pm (i.e., the deadline for agent allocation). Therefore, according to the compensation arrangement, there will be no net income available for distribution to non-active shareholders.
According to the announcement by Hengyu Group (02448), as of the deadline for agent allocation of the 220 million allocated shares (which falls on Wednesday, June 19, 2024, at 4 pm), the shares have been successfully allocated to 16 independent underwriters at the allocation price of HKD 0.68 per share (equivalent to the subscription price). Therefore, according to the compensation arrangement, there will be no net income available for distribution to non-active shareholders.
According to the acceptance result of the rights issue and the allocation result of the compensation arrangement, a total of 232 million shares of the rights issue shares (including the allocated shares) will be allocated and issued, accounting for 100% of the total number of rights issue shares submitted for subscription.