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SHARE CAPITAL
12 Months Ended
Dec. 31, 2018
SHARE CAPITAL  
SHARE CAPITAL

31.    SHARE CAPITAL

 

 

 

 

 

 

 

    

Number

    

Share

 

 

of shares

 

capital

 

 

 

 

Thousand USD

The Company

 

  

 

  

Ordinary shares of USD0.0001 each

 

  

 

  

Authorized:

 

  

 

  

On August 19, 2013 and December 31, 2013

 

500,000,000

 

 —

Issued:

 

  

 

  

On August 19, 2013 and December 31, 2013

 

339,196,670

 

 —

Issued at IPO

 

50,830,000

 

 5

On December 31, 2014 and 2015

 

390,026,670

 

 5

Issued:

 

  

 

  

On July 15, 2016

 

29,519,844

 

 3

On December 31, 2016, 2017 and 2018

 

419,546,514

 

 8

 

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 20 (1)). 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, 2017 and 2018, the Group had 940,000 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.