Summary by Moomoo AI
KYOTO LOGISTICS CO., LTD. ISSUED 11,000,000 NEW ORDINARY SHARES ON FEBRUARY 9, 2024 UNDER ITS INITIAL PUBLIC OFFERING AFTER SHARE AWARD SCHEME ADOPTED ON MAY 10, 2021, REPRESENTING 0.17% OF THE SHARES ISSUED PRIOR TO THEIR ISSUE. The company reported holding 6,608,181,772 shares at the closing date of January 31, 2024, which increased to 6,619,181,772 shares after the issuance of new shares on February 9. The issue price of the newly issued shares is HKD 0, representing a discount of 100% compared to the closing price of HKD 7.47 on the previous business day. KYOTO LOGISTICS CONFIRMS THAT THE SHARE ISSUE HAS BEEN FORMALLY AUTHORISED BY THE BOARD OF DIRECTORS AND COMPLIES WITH THE RELEVANT PROVISIONS OF THE SECURITIES LISTING RULES OF THE HONG KONG STOCK EXCHANGE LIMITED.