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Annual Report 2011 - Goodbaby International Holdings Limited

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NOTES TO FINANCIAL STATEMENTS<br />

31 December <strong>2011</strong><br />

33.SHARE CAPITAL<br />

The Group and the Company<br />

Number of shares Amount<br />

/ 135<br />

<strong>2011</strong> 2010 <strong>2011</strong> 2010<br />

(’000) (’000) (HK$’000) (HK$’000)<br />

Authorised:<br />

Ordinary shares of HK$0.01 each<br />

(note (ii)) 50,000,000 50,000,000 500,000 500,000<br />

Number of shares in issue Issued capital<br />

(’000) (HK$’000)<br />

Issued and fully paid:<br />

At 1 January 2010 ((note (i)) 27,300 273<br />

Capitalisation issue (note (iii))<br />

Issuance of shares by placing and public offering<br />

771,700 7,717<br />

(note (iv)) 201,000 2,010<br />

At 31 December 2010 and <strong>2011</strong> 1,000,000 10,000<br />

(i) The Company was incorporated in the Cayman Islands on 14 July 2000 with an authorised share capital of<br />

HK$390,000 divided into 39,000,000 ordinary shares of par value HK$0.01 each. As at 31 December<br />

2009, 27,300,000 ordinary shares of HK$0.01 in the Company were allotted and issued to shareholders.<br />

(ii) Pursuant to the written resolution passed on 5 November 2010, the authorised share capital of the<br />

Company was increased from HK$390,000 divided into 39,000,000 shares of HK$0.01 each to<br />

HK$500,000,000 divided into 50,000,000,000 shares of HK$0.01 each by the creation of<br />

49,961,000,000 additional shares of HK$0.01 each.<br />

(iii) On 5 November 2010, the Company authorised the issuance of 771,700,000 ordinary shares of HK$0.01<br />

each to the then shareholders of the Company in the proportion of their respective shareholdings in the<br />

Company by way of capitalisation of HK$7,717,000 from share premium account upon the listing of the<br />

Company’s shares on the Stock Exchange. The above shares were issued on 24 November 2010.<br />

(iv) On 24 November 2010, 201,000,000 ordinary shares of HK$0.01 each were issued at a price of HK$4.9 per<br />

share under a global offering of the Company’s ordinary shares. The proceeds of HK$2,010,000<br />

representing the par value, were credited to the Company’s share capital. The remaining proceeds of<br />

HK$982,890,000, before share issuance expenses amounting to HK$58,260,000, were credited to share<br />

premium account.

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