Graphex Group Completes Strategic Share Issuance

TipRanksJul 1 07:05 ET

Graphex Group Completes Share Issue to Settle Loan

Graphex Group (HKG:6128) has completed the allotment and issue of around 43.7 million shares to Chen Stephen Hing Ming on Friday, a same-day bourse filing said. The parties had entered into an agreeme

MT NewswiresJun 28 08:25 ET

Graphex Group (06128) completed the issuance of 43,689,400 subscription shares.

Graphex group (06128) issued a notice that the terms stated in the subscription agreement for the issuance of new shares under general authorization have been met and the delivery has been completed on June 28, 2024. A total of 43,689,400 new shares have been issued and distributed based on the subscription, accounting for approximately 4.71% of the company's existing issued share capital immediately before delivery and approximately 4.50% of the enlarged issued share capital after delivery. Although the subscription will not generate any cash income for the company, it will offset and eliminate the company's debts.

Zhitong FinanceJun 28 05:38 ET

6-K: Report of foreign private issuer (related to financial reporting)

SEC announcementJun 27 16:35 ET · Announcements

Graphex Group to Settle Loan via Share Subscription

Graphex Group (HKG:6128) agreed to allot and issue 43,689,383 subscription shares under the general mandate to Chen Stephen Hing Ming for HK$5.5 million at about HK$0.125 per share, a Thursday filing

MT NewswiresJun 20 08:50 ET

Graphex Group (06128.HK) has signed a subscription agreement with Chen Stephen Hing Ming.

On June 20th, Gelunhui announced that Graphex Group (06128.HK) signed a subscription agreement with subscriber Chen Stephen Hing Ming on June 20th, 2024. The subscriber has agreed to subscribe and the Company has agreed to issue and distribute a total of 43.69 million shares at a subscription price of HKD 5,461,000 (equivalent to approximately HKD 0.125 per share, a premium of approximately 3.3% over the closing price of HKD 0.121 per share on June 20th). The subscription shares account for approximately 4% of the Company's existing issued share capital.

Gelonghui FinanceJun 20 07:15 ET