Summary by Moomoo AI
Micro-Union Group (stock code: 2013) announced on 26 April 2024 the completion of the distribution of new shares under a general mandate. It successfully distributed a total of 277,000,000 new shares to no less than six professional investors representing approximately 9.02% of the issued share capital at a price of HK$1.13 per share. The net proceeds from the divestiture will be approximately HK$308 million and will be used to refinance existing debt. Following the completion of the distribution, the company's equity structure changed, with the majority shareholders' group holding down from 14.74% to 13.41% and the public shareholders' shareholding ratio increasing from 85.26% to 86.59%. After the demerger, no partner becomes the principal shareholder of the company. The Board confirms that all shareholders and their ultimate beneficial owners are independent third parties.