Gelonghui October 22nd, cmge (00302.HK) announced that all the preconditions of the first subscription agreement, the second subscription agreement, and the third subscription agreement have been met, and the subscription matters have been completed on October 22, 2024 in accordance with the terms of each subscription agreement.
According to the first subscription agreement, the second subscription agreement, and the third subscription agreement, after completion, the company has issued and distributed a total of 0.106 billion shares of subscription shares to subscribers at a subscription price of HK$0.90 per share. The subscription shares account for approximately 3.58% of the company's enlarged issued share capital through the issuance and distribution of subscription shares.
