tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

AustAsia Group Announces Delay in Rights Issue Circular Dispatch

Story Highlights
AustAsia Group Announces Delay in Rights Issue Circular Dispatch

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

AustAsia Group Limited. ( (HK:2425) ) just unveiled an update.

AustAsia Group Limited, incorporated in Singapore, has announced a further delay in the dispatch of its circular related to a proposed rights issue. The rights issue, which offers two rights shares for every five existing shares, is now expected to have its circular dispatched by June 5, 2025, due to the need for additional time to finalize information. The revised timetable for the rights issue is contingent on the results of an upcoming extraordinary general meeting (EGM) and includes key dates for member registration and proxy submission.

More about AustAsia Group Limited.

Average Trading Volume: 101,907

Technical Sentiment Signal: Buy

For a thorough assessment of 2425 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1