Summary by Moomoo AI
China Aoyuan Group Co., Ltd. completed the issuance of new shares on 21 March 2024 and issued 669,328,293 new shares in accordance with the mandate of the Special General Meeting held on 10 January 2024 in accordance with the existing debt ratio held by eligible creditors. The issuance resulted in an increase of 22.57% in the issued share capital, with a new share issue price of HK$1.06 per share, up 592.81% from the closing price of HK$0.153 on the previous business day. Upon completion of the issue, the total issued share capital of the company reached 3,634,899,647 shares. The Company confirms that all payments have been received and that all preconditions required by the Listing Rules have been met, including all legal documents have been formally archived.