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Aoneng Construction (01183) expects about 178 million warrants to be listed on May 26th.

Zhitong Finance ·  {{timeTz}}  · Announcements


Source: Zhitong Finance and Economics


Aoneng Construction (01183.HK) $In an announcement, the company has applied to the listing Committee of the Stock Exchange for approval of the listing and trading of the warrants to be issued and the new shares to be issued as a result of the exercise of the warrants with the attached subscription rights.


Trading in 178 million warrants is expected to commence on the Stock Exchange at 09:00 on 26 May 2022. Warrants will be traded on the Stock Exchange in the form of 2000 warrants. The warrants stock code is 2242.


The Company issued a total of 178 million warrants to shareholders based on the issue of dividend warrants, together with warrants to confer on the relevant holders by registered subscription rights, 178 million new shares were subscribed in cash at an initial subscription price of HK $4.47 per new share (adjustable) at any time between 25 May 2022 and 24 May 2023.


In addition, the Board has recommended the payment of a final dividend of HK3.3 cents per share for the year ended 31 December 2021 to shareholders whose names appear on the register of members of the Company on 7 June 2022; and bonus shares on the basis of one share for every two existing shares held by shareholders on 7 June 2022 credited as fully paid dividend. The payment of final dividends and bonus shares shall be subject to the approval of the shareholders at the forthcoming annual general meeting.

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