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Notes to Consolidated Financial Statements<br />

29 CAPITAL, RESERVES AND DIVIDENDS (Continued)<br />

(d)<br />

Issuance of shares under rights issue<br />

On 29 December 2014, 5,557,554,750 ordinary shares were issued pursuant to the rights issue on<br />

the basis of three rights shares for every two existing shares at HKD0.28 each. Total net consideration<br />

amounted to USD195,453,000, of which USD55,576,000 was credited to share capital and the<br />

remaining proceeds of USD139,877,000 was credited to the share premium account. The Company’s<br />

authorised ordinary share capital was increased to USD150,000,000 by the creation of an additional<br />

9,000,000,000 ordinary shares of USD0.01 each, raking pair with the existing ordinary shares of the<br />

Company in all respects.<br />

The aggregate amount of share capital of the companies now comprising the Group, after elimination<br />

of interests in subsidiaries, was included in other reserve during the years ended 31 December 2015<br />

and 2014 (Note 29(e) (ii)).<br />

The Company<br />

No of<br />

shares’000<br />

2015 2014<br />

USD’000<br />

No of<br />

shares’000<br />

USD’000<br />

Authorised:<br />

Ordinary shares 15,000,000 15,000,000 15,000,000 150,000<br />

Ordinary shares, issued and fully paid:<br />

At 31 December 2015 At 31 December 2014<br />

No of<br />

shares’000<br />

USD’000<br />

No of<br />

shares’000<br />

USD’000<br />

Ordinary shares 9,262,591 92,626 9,262,591 92,626<br />

Annual Report 2015<br />

181

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