Summary by Moomoo AI
Alco Holdings Limited filed a new Next Day Disclosure Statement on 11 March 2024 disclosing the changes in its issued share capital. Under the distribution agreement dated February 19, 2024, the Company issued 15,910,000 new shares on March 11, 2024, equivalent to 16.67% of the shares issued prior to the distribution. The distribution price of the new shares was HK$1.96 per share, a 53% discount from the closing price of HK$4.17 on the previous business day. Following this share distribution, the issued share capital of Aigao Group increased to 95,466,865 shares. The Company confirms that this share issue has been approved by the Board of Directors and that all monies have been received in accordance with all the requirements of the Listing Rules.