31. SHARE CAPITAL
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Number |
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Share |
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Thousand |
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The Company |
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Ordinary shares of USD0.0001 each |
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|
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Authorized: |
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On August 19, 2013 and December 31, 2013 |
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500,000,000 |
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— |
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Issued: |
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|
|
|
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On August 19, 2013 and December 31, 2013 |
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339,196,670 |
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— |
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Issued at IPO |
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50,830,000 |
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5 |
|
|
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On December 31, 2014 and 2015 |
|
390,026,670 |
|
5 |
|
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Issued: |
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|
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|
|
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On July 15, 2016 |
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29,519,844 |
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3 |
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On December 31, 2016 and 2017 |
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419,546,514 |
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8 |
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During the year ended December 31, 2016, the Group issued 29,519,844 restricted ordinary shares to SunPeak Universal Holdings, Inc. as part of the consideration to acquire 23 solar parks in USA (note 33). The par value and fair value of shares issued was USD 2,952 and USD10, 147,446 as of the acquisition date.
As of December 31, 2016 and 2017, the Group had 1,430,000 and 940,000 ordinary shares respectively, including restricted shares, which were legally issued according to its share incentive plans, but were not deemed issued or outstanding from an accounting perspective.