Common use of General Mandate to issue the Subscription Shares Clause in Contracts

General Mandate to issue the Subscription Shares. The issue of the Subscription Shares will not be subject to the approval by the Shareholders and the Subscription Shares will be issued under the General Mandate granted to the Directors at the AGM. The total number of issued Shares as at the date of the AGM was 4,671,298,000 Shares. Pursuant to the General Mandate, the total number of new Shares that the Company is authorized to issue is 934,259,600 Shares, representing 20% of the issued share capital of the Company as at the date of AGM. Since the date of the AGM and up to the date of this announcement, no new Shares have been allotted and issued by the Company under the General Mandate.

Appears in 1 contract

Sources: Subscription Agreement

General Mandate to issue the Subscription Shares. The issue of the Subscription Shares will not be subject to the approval by the Shareholders and the Subscription Shares will be issued under the General Mandate granted to the Directors at the AGM. The total number of issued Shares as at the date of the AGM was 4,671,298,000 Shares. Pursuant to the General Mandate, the total number of new Shares that the Company is authorized authorised to issue is 934,259,600 1,068,738,000 Shares, representing 20% of the issued share nominal capital of the Company as at the date of the AGM. Since the date of the AGM and up to the date of this announcement, no new Shares have been allotted and issued by the Company under the General Mandate.

Appears in 1 contract

Sources: Subscription Agreement