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SK target (08427) issued 27.2527 million subscription shares according to general authorization.
SK target (08427) announced that the company will hold its 2024 annual general meeting on July 17, 2024 in accordance with the date specified in the company's articles of association as June 30 of each year.
SK target completed the issuance of a total of 27.2527 million subscription shares.
SK target (08427) announced that the completion of all the preconditions stated in the subscription agreement on July 17, 2024, according to the terms and conditions of the subscription agreement. A total of 27.2527 million shares (equivalent to approximately 20.00% of the company's issued share capital immediately prior to completion and approximately 16.67% of the company's issued share capital after the issuance of additional shares and subscription shares) were issued and distributed to subscribers at a subscription price of HKD 0.08 per share. The net proceeds from the subscription of approximately HKD 2.1 million will be applied in the manner disclosed in this announcement. Following the completion,
sk target (08427) completed the issuance of a total of 27.2527 million subscription shares.
SK target (08427) announced that the completion of the subscription agreement has been achieved as all the preconditions stated therein have been fulfilled, and it has been completed on 2...
SK target plans to consolidate stocks in a 10-to-1 merger and change the trading unit to 1200 shares per hand.
SK target (08427) announced that the board of directors proposed to consolidate every 10 issued and unissued existing shares in the company's share capital into 1 consolidated share. As of the date of this announcement, the company has 0.136 billion shares fully paid or accounted for as fully paid of the existing issued shares. Assuming no further issuance or repurchase of existing shares from the date of this announcement until the extraordinary general meeting of shareholders, there will be 13.6264 million shares fully paid or accounted for as fully paid of the consolidated shares issued by the company after the share consolidation takes effect. As of the date of this announcement, the existing shares are traded on the Stock Exchange of Hong Kong in units of 6000 existing shares per lot. The board of directors recommends that
SK target (08427.HK) plans to merge shares at a ratio of 10 to 1.
On July 4th, Gelunhui reported that the board of directors of SK Target (08427.HK) proposed to merge every ten (10) issued and unissued existing shares in the company's capital into one (1) merged share. As of the date of this announcement, the company has 136,263,600 fully paid or credited issued shares. Assuming that no more existing shares will be issued or repurchased from the date of this announcement until the date of the extraordinary general meeting of shareholders, after the share consolidation takes effect, the company will have 13,626,360 fully paid or credited issued merged shares. As of the date of this announcement, the existing shares are traded on the Stock Exchange of Hong Kong with a minimum trading unit.
Express News | SK Target Group Ltd - Proposes Every Ten Shares in Co Be Consolidated Into One Share
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