Summary by Moomoo AI
APOLLO Travel (Apollo Smart Travel Group Limited) filed with Hong Kong Trading and Settlement Limited on 5 January 2024 with Hong Kong Trading and Settlement Limited, reporting stock changes for the year ended 31 December 2023. The report shows that the company has completed a capital restructuring, including a share consolidation, a share capital reduction and three key steps. SHARE CONSOLIDATION COMBINES EACH 20 SHARES WITH A VALUE OF HK$0.10 INTO ONE SHARE WITH A FACE VALUE OF HK$2.00, FOLLOWED BY A CAPITAL REDUCTION, ELIMINATING THE ZERO CONSOLIDATED SHARES AND REDUCING THE FACE VALUE PER SHARE FROM HK$2.00 TO HK$0.01. Finally, the statutory but unissued consolidated shares with a value of HK$2.00 per share were split into two hundred shares with a face value of HK$0.01. In addition, the Company's stock option plan has also changed, including adjustments to the total amount of proceeds from the exercise of options. After the capital restructuring, the number of issued shares in the company decreased significantly. All changes took effect on 14 December 2023.