ANNUAL%20REPORT%202015%20eng
ANNUAL%20REPORT%202015%20eng
ANNUAL%20REPORT%202015%20eng
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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