Summary by Futu AI
KEYEK FINANCIAL INTERNATIONAL (HOLDINGS) LIMITED (THE “COMPANY”) ANNOUNCES THAT, PURSUANT TO PRIOR ANNOUNCEMENTS MADE ON MARCH 27 AND APRIL 23, 2024, THE COMPANY HAS COMPLETED THE DISTRIBUTION OF UP TO 1,525,992,613 NEW SHARES, WHICH WILL BE COMPLETED ON APRIL 26, 2024. The Company has issued approximately 16.67% of the issued share capital upon completion of the distribution at a price of HK$0.060 per share, distributed to no less than six independent third party shareholders. UPON COMPLETION, NONE OF THE BENEFICIARIES BECAME THE PRINCIPAL SHAREHOLDER. The net proceeds from the divestiture are approximately HK$89.6 million and will be used to repay debt. The Board of Directors of the Company confirms that all shareholders and their ultimate beneficial owners are not related to the Company and its affiliates. The Executive Directors of the Company are Mr. ?$#@$ Cheuk Wai and Ms. Chang Pei Kei. The Independent Non-Executive Directors are Ms. Mak Runchu, Mr. Kung Wai Chuan, Mr. Leung Siu Kee and Mr. Chen Ting-feng.