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Gao Di Corporation (01676.HK) issued 10.01 million shares according to the placement agreement.
On August 19, GeLunHui reported that Gaodi Holdings (01676.HK) announced that on August 16, 2024, under the general authorization, the company issued and distributed 10.01 million new shares in accordance with the share placement agreement dated July 24, 2024.
Gaodi Holdings Raises HK$13.6 Million via Share Placement
Gao Di Group (01676.HK) successfully distributed a total of 10.01 million shares.
On August 14th, the sale and subscription agreement has been fulfilled, and the sale has been completed on August 14th, 2024. According to the terms of the sale and subscription agreement, a total of 10.01 million shares of sale and subscription have been successfully sold to no less than six underwriters at a sale price of HK$1.40 per share, which is equivalent to about 6.50% of the issued share capital of the company after the completion of the sale and issuance of sale and subscription shares.
Gaodi Holdings Chairman Steps Down
Gaodi Holdings Announces New Board Structure
Hu Hongchu resigns as the chairman of the board of directors of Highland Holdings (01676.HK).
On July 29th, Geeronghui announced that (i) Mr. Hu Hongchu resigned as Executive Director and Chairman of the Board of Directors; (ii) Mr. Li Tingfeng was appointed as the Chairman of the Board of Directors to replace Mr. Hu, effective from July 29, 2024; and (iii) Mr. Hu no longer serves as the authorized representative and legal process document agent after his resignation, and Mr. Hong Jixiang, the Executive Director, was appointed as the authorized representative and legal process document agent.
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