Summary by Moomoo AI
Accor Holdings Limited (the “Company”) announced on 26 January 2024 that the Company has entered into a subscription agreement with Mr. Wu Hailong, an independent third-party professional investor, subject to the issuance and issuance of 61,720,000 new shares at a subscription price of HK$0.20 per share. The subscription represents approximately 6.67% of the Company's existing issued share capital and approximately 6.25% of the issued share capital upon completion. Upon completion of the subscription, Wu Hailong will hold approximately 6.25% of the Company's enlarged issued share capital. Completion of the Subscription is subject to the conditions of the Subscription Agreement, including the approval of the Listing Committee of the Exchange of Exchange for the Subscription and Sale of Shares. If the conditions are not...Show More