CAPITALISATION OF LOANS DUE FROM A WHOLLY-OWNED SUBSIDIARY
the issued and paid-up share capital of a wholly-owned subsidiary of the Company, has increased from $500,000 divided into 500,000 ordinary shares in the capital of the Company (“Ordinary Shares”) to $1,100,000 divided into 1,100,000 Ordinary Shares, by the creation of 600,000 Ordinary Shares (the “Subscription Shares”) of $1 each, pursuant to the subscription agreement entered into between the Company. The aggregate consideration to be paid by the Company to subsidiary for the issue and allotment of the Subscription Shares is by way of capitalisation of the outstanding advances
previously extended by the Company to subsidiary and/or outstanding trade receivables
due and owing by subsidiary to the Company.
这个是不是说普通股被稀释了呢？