Brief: Beijing Energy International Holding Announces Proposed Share Premium Reduction

Beijing Energy International Holding

07/11/2023 12:37

Nov 7 (Reuters) - Beijing Energy International Holding
Co Ltd  0686.HK :
    * PROPOSED SHARE PREMIUM REDUCTION
    * AS AT 30 JUNE 2023, AMOUNT STANDING TO CREDIT OF SHARE
PREMIUM
ACCOUNT WAS ABOUT HK$10,807 MILLION
    * PROPOSED THAT ENTIRE AMOUNT STANDING TO CREDIT OF SHARE
PREMIUM
ACCOUNT BE REDUCED
    * PROPOSED THAT HK$8,445 MILLION OF CREDIT FROM SHARE
PREMIUM
REDUCTION BE APPLIED TO OFFSET ACCUMULATED LOSSES AS AT 30 JUNE
    * PROPOSED THAT HK$2,362 MILLION OF CREDIT FROM SHARE
PREMIUM
REDUCTION BE TRANSFERRED TO CONTRIBUTED SURPLUS ACCOUNT

Further company coverage:  0686.HK 

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