Annual Report - QuamIR

Notes to the Consolidated Financial Statements (Continued)
34 Share capital (Continued)
Notes: (Continued)
34
(b)
(Continued)
100,390,086 new ordinary shares of HK$0.01 each were issued upon the
(b)
exercise of 100,390,086 units of bonus warrants “492” for the period from
100,390,0860.01
1 January 2011 to 8 June 2011 and the outstanding bonus warrants “492”
100,390,086
expired on 8 June 2011.
492
492
(c) On 9 June 2010, the Company approved the issue of 942,466,221
bonus shares on the basis of 1 bonus share for every 10 ordinary shares
held. The bonus shares are issued and credited as fully paid upon issue
and rank pari passu in all respects with the existing shares with effect
from the date of issue. The issue of bonus shares was funded by way of
capitalisation of certain amounts standing to the credit of the Company’s
contributed surplus account.
(c)
101
942,466,221
(d)
For the year ended 31 December 2010, the Company repurchased a total
of 2,000,000 of its own shares on the Stock Exchange, all of which have
been cancelled as follows:–
(d)
2,000,000
–
Month/year
Number of shares
repurchased
Total
purchase price
HK$ Million
Purchase price per share
Highest and lowest
HK$
January 2010 2,000,000 1.3 0.63
•
163