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Share Capital and Share Premium (Tables)
12 Months Ended
Dec. 31, 2021
Disclosure Of Classes Of Share Capital [Abstract]  
Summary of Shares Shares

 

 

December 31,

2021

 

 

December 31,

2020

 

 

 

US$’000

 

 

US$’000

 

Authorized:

 

 

 

 

 

 

 

 

2,000,000,000 shares of US$0.0001 each

 

 

200

 

 

 

200

 

Issued and fully paid:

 

 

 

 

 

 

 

 

308,456,852 (2020: 266,010,256) ordinary shares of US$0.0001 each

 

 

31

 

 

 

27

 

 

 

Summary of Movements in the Company's Share Capital and Share Premium

A summary of movements in the Company’s share capital and share premium is as follows:

 

 

 

Number of

shares in issue

 

 

Share

capital

 

 

Share

premium

 

 

Total

 

 

 

 

 

 

 

US$’000

 

 

US$’000

 

 

US$’000

 

At December 31, 2019 and January 1, 2020

 

 

200,000,000

 

 

20

 

 

 

3,908

 

 

 

3,928

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Issuance of ordinary shares for conversion of preferred

   shares

 

 

20,907,282

 

 

2

 

 

 

240,432

 

 

 

240,434

 

Issuance of ordinary shares for initial public offering, net

   of issuance cost

 

 

42,377,500

 

 

4

 

 

 

450,081

 

 

 

450,085

 

Issuance of ordinary shares for private placement by

   GenScript

 

 

1,043,478

 

 

 

 

 

12,000

 

 

 

12,000

 

Exercise of share options

 

 

1,681,996

 

 

1

 

 

 

1,885

 

 

 

1,886

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

At December 31, 2020 and January 1, 2021

 

 

266,010,256

 

 

 

27

 

 

 

708,306

 

 

 

708,333

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Issuance of ordinary shares relating to

   private placement for an institutional investor (note 24)

 

 

20,809,850

 

 

 

2

 

 

 

218,298

 

 

 

218,300

 

Issuance of ordinary shares for follow-on public offering,

   net of issuance cost (note)

 

 

17,231,150

 

 

 

2

 

 

 

323,438

 

 

 

323,440

 

Exercise of share options

 

 

4,056,380

 

 

 

 

 

 

6,089

 

 

 

6,089

 

Reclassification of vesting of restricted stock

   units

 

 

349,216

 

 

 

 

 

 

5,323

 

 

 

5,323

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

At December 31, 2021

 

 

308,456,852

 

 

 

31

 

 

 

1,261,454

 

 

 

1,261,485