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ATV (00707.HK) has allocated the unsubscribed shares to five underwriters.
ATV (00707.HK) announced that the proposal for 2-for-1 rights issue. On September 9, the company received a total of 16 valid acceptances, totaling 0.141 billion shares, equivalent to approximately 21.44% of the total shares available for subscription. Therefore, 0.515 billion shares of the rights issue were not subscribed, equivalent to approximately 78.56% of the total shares available for subscription. On September 23, these unsubscribed shares were allocated at a price of 0.1 yuan per share to five underwriters, including Wang Xuefei, Wu Qiuxia, Yang Lin, Zhang Hai, and Maofu Trading. After completion, these five underwriters will collectively hold 26.19% of the company's shares.
atv holdings (00707) issued 0.6555 billion shares on September 30th.
atv holdings (00707) announced that it will issue 0.6555 billion shares on September 30, 2024...
ATV HOLDINGS: INTERIM REPORT 2024
atv holdings (00707.HK) subscribed to approximately 21.44% of the rights issue, with 16 valid acceptances
atv Holdings (00707.HK) announced that, at the end of the revised acceptance deadline, i.e. 4:00 pm on September 9, the company received a total of 16 acceptances for approximately 0.141 billion shares of the provisionally allotted shares for rights issue, representing approximately 21.44% of the total number of shares offered for subscription under the rights issue. Therefore, approximately 21.44% of the rights shares were subscribed for. The remaining approximately 0.515 billion shares of the rights shares not subscribed for will be subject to the compensation arrangement. The placing agents will use their best endeavors to urge the placees to subscribe for all (or as many as possible) of such unsubscribed rights shares on or before 4:00 pm on September 23. The company will.
Asia Television Holdings Extends Time for Acceptance Under Rights Issue
Asia Television Holdings' Subsidiary to Pay HK$3 Million Plus Interest to Plaintiff
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