Summary by Moomoo AI
KAMDANK SOLAR SYSTEMS GROUP CO., LTD. COMPLETED THREE SHARE DISTRIBUTION/SUBSCRIPTION ACTIVITIES ON FEBRUARY 28, 2024. ACCORDING TO PREVIOUS ANNOUNCEMENTS, THE COMPANY ISSUED A TOTAL OF 158,342,800 NEW SHARES TO THREE DIFFERENT SUBSCRIBERS. The issue price of these shares was HK$0.105 per share, representing a margin of 35.19% compared to the closing price of HK$0.162 on the previous business day. Following this share issue, the issued share capital of the company increased from 901,581,612 shares to 1,059,923,412 shares. The Company confirms that all issues have been approved by the Board of Directors and that all monies have been received in accordance with the relevant provisions of the Securities Listing Rules of the Hong Kong Stock Exchange Limited.