"Assuming no further shares will be issued before the date of the Annual General Meeting, the Directors would be granted a General Mandate to issue up to 1,054,226,061 Shares."
The question is .. "for what purpose"?
With $1HK dollar worth just 12c.. even an extra billion shares only gets them and extra $120M.
These guys issue stock like it a bodily function!
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- wni seek to issue up to 1.054 billion shares
wni seek to issue up to 1.054 billion shares, page-2
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