Summary by Futu AI
Net Group (02147.HK) completed its new share issuance on June 5, 2024. According to the subscription agreement on May 14, 2024, the company issued and distributed 160,000,000 new ordinary shares, accounting for 20% of the original issued shares. The issue price of the new shares was HKD 0.138 per share, which is a premium of 15.97% over the closing price of HKD 0.119 on the previous trading day. After this issuance, the company's issued share capital increased to 960,000,000 shares. The company confirmed that the relevant issuance has been approved by the board of directors and has received full payment, meeting all requirements of the listing rules.