Peticija je upućena: sges
Hong Kong-listed casino developer Xinhua World Inc said at a special meeting on Thursday that the group's recapitalisation will take effect on Monday (June 17) after shareholders agreed to the deal.
"The [Hong Kong] Stock Exchange's adjusted share trading will begin on Monday, June 17, 2024 at 9:00 a.m.," it said in a filing on Thursday. 파워볼사이트
The company's proposed issuance of rights, which aims to raise about HK$393.3 million ($39.5 million), was also approved by shareholders.
Shinhwa World Co., Ltd. is the promoter of Jeju Shinhwa World (photo), a complex with foreigner-only casinos in Jeju, Korea.
The group's recapitalisation, announced in April, includes a consolidation of shares "with HK$0.01 per 10 existing shares consolidating to HK$1 each."
Subsequently, the capital of each shareholder's issued shares will be "rounded to the nearest total by canceling a portion of the consolidated shares," and any credit accruing from the exercise will be transferred to the company's "surplus account."
Xinhua expects the potato to generate a surplus of about HK$405.6 million, based on just over 5.07 billion shares issued.
When capital restructuring and equity consolidation take effect on Monday, the casino company will implement a rights issue at a subscription price of HK$0.26 per rights share, based on two rights shares for each adjusted share held on the record date.
The company said it expects to raise up to HK$263.7 million before costs by issuing up to HK$1.01 billion in rights shares. The filing estimates a net profit of HK$258.6 million.
SR Wealth Securities Ltd, listed as an independent third party, has been identified as the underwriter in connection with the rights holder.
Xinhua World Inc said in a previous filing that it would use about HK$100 million of its expected net profit from the issuance of rights to "maintain, repair and upgrade facilities at Jeju Xinhua World."
Around HK$73 million will be diverted to channels "such as service enhancement, supply chain management, human resource development and sales and marketing activities" for the development of the group's resort and gaming businesses, the company said.
The company reported a consolidated net loss of HK$522.4 million annually in 2023, with revenue of less than HK$1.04 billion, down 25.3% year-over-year.
Hong Kong-listed casino developer Xinhua World Inc said at a special meeting on Thursday that the group's recapitalisation will take effect on Monday (June 17) after shareholders agreed to the deal.
"The [Hong Kong] Stock Exchange's adjusted share trading will begin on Monday, June 17, 2024 at 9:00 a.m.," it said in a filing on Thursday. 파워볼사이트
The company's proposed issuance of rights, which aims to raise about HK$393.3 million ($39.5 million), was also approved by shareholders.
Shinhwa World Co., Ltd. is the promoter of Jeju Shinhwa World (photo), a complex with foreigner-only casinos in Jeju, Korea.
The group's recapitalisation, announced in April, includes a consolidation of shares "with HK$0.01 per 10 existing shares consolidating to HK$1 each."
Subsequently, the capital of each shareholder's issued shares will be "rounded to the nearest total by canceling a portion of the consolidated shares," and any credit accruing from the exercise will be transferred to the company's "surplus account."
Xinhua expects the potato to generate a surplus of about HK$405.6 million, based on just over 5.07 billion shares issued.
When capital restructuring and equity consolidation take effect on Monday, the casino company will implement a rights issue at a subscription price of HK$0.26 per rights share, based on two rights shares for each adjusted share held on the record date.
The company said it expects to raise up to HK$263.7 million before costs by issuing up to HK$1.01 billion in rights shares. The filing estimates a net profit of HK$258.6 million.
SR Wealth Securities Ltd, listed as an independent third party, has been identified as the underwriter in connection with the rights holder.
Xinhua World Inc said in a previous filing that it would use about HK$100 million of its expected net profit from the issuance of rights to "maintain, repair and upgrade facilities at Jeju Xinhua World."
Around HK$73 million will be diverted to channels "such as service enhancement, supply chain management, human resource development and sales and marketing activities" for the development of the group's resort and gaming businesses, the company said.
The company reported a consolidated net loss of HK$522.4 million annually in 2023, with revenue of less than HK$1.04 billion, down 25.3% year-over-year.
Peticija je započela:
30. 08. 2024.
Kolekcija završava:
02. 03. 2025.
Regija:
Europska unija
Kategorija:
Sportu
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