Summary by Futu AI
Gold Frontier Holdings Limited filed with Hong Kong Trading and Settlement Limited on 1 February 2024 with Hong Kong Trading and Settlement Limited, reporting the changes in the company's share capital as of 31 January 2024. THE REPORT SHOWS THAT THE COMPANY'S STATUTORY/REGISTERED SHARE CAPITAL AND ISSUED SHARES REMAINED UNCHANGED DURING THE MONTH AT 8,000,000,000 SHARES WITH A FACE VALUE OF $0.0125 PER SHARE FOR A TOTAL OF $100,000,000. In addition, the report mentions the 2019 subscription agreement with ChenLipKeong Fund Limited by SAKAI PRIVATE TRUST COMPANY PTE, which was established by SAKAI PRIVATE TRUST COMPANY PTE. LTD. is wholly owned and established as Tan Sri Dr Chen Lip Keong Family Trust. Pursuant to the Agreement, subject to certain conditions, 1,142,378,575 Settlement Shares will be issued to the Subscribers at HK$12.00 per share and will apply for them to be listed on the Hong Kong Stock Exchange. These shares will have the same status as the company's existing shares and there are no restrictions on sale after issue.