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CHONG FAI JEWEL: 2023/24 ANNUAL REPORT
Chong Fai Jewel (08537) plans to increase its authorized share capital to HKD 750 million. It will raise HKD 27 million by offering 1 share for every 3 shares held.
Chong Fai Jewel (08537) announced on Zhitong Finance APP that in order to adapt to the future expansion and growth of the group, the board of directors proposes to add an additional 7.35 billion shares with a par value of HKD 0.1 per share (with the same rights as existing shares). This will increase the company's statutory share capital from HKD 15 million (divided into 150 million shares with a par value of HKD 0.1 per share) to HKD 750 million (divided into 7.5 billion shares with a par value of HKD 0.1 per share). The increase in the statutory share capital will take effect on the day of the extraordinary general meeting of shareholders, upon approval by the shareholders of the ordinary resolution to increase the statutory share capital.
Express News | Chong Fai Jewellery- Proposed Rights Issue to Raise up to HK$27 Mln at Price of HK$0.12 per Share
Express News | Chong Fai Jewellery Group - Proposes Increase of Share Capital to HK$750 Mln Divided Into 7.50 Bln Shares of HK$0.1 Each
Express News | Chong Fai Jewellery Group Holdings Co Ltd - Proposed Increase of Authorised Share Capital
Chong Fai Jewel (08537) released its annual financial results, with a net income of HKD 1.592 million.
Chong Fai Jewel (08537) has released its annual results for the year ending on March 31, 2024, with a revenue of HKD 142 million...
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