The exchange was informed on June 26, 2022, that the shareholders and Directors of KSTE International Holding Limited (DCSX Symbol: KSTE) have agreed to the issuance of an additional 50 mln shares at the same previous issuance price of USD 0.80 per share.
The total amount of shares outstanding for KSTE will amount to 100 mln shares reflecting a total listed value of USD 80 mln.
Such value is considered fair by the directors and existing shareholders and will be explained in a New Valuation Memorandum.
The Shareholders and Directors Resolutions and the New Valuation Memorandum will be available on the Markets page upon the DCSX approval of the listing of the issuance of the additional shares.
For any additional information, one can contact the Listing Advisor Nanjing Zfast Consulting Limited