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AustAsia Group Delays Rights Issue Circular Dispatch

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AustAsia Group Delays Rights Issue Circular Dispatch

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

AustAsia Group Limited, incorporated in Singapore, has announced a delay in the dispatch of its circular related to a proposed Rights Issue, which involves issuing two rights shares for every five existing shares. The delay is due to the need for additional time to finalize the information, with the new expected dispatch date set on or before May 30, 2025. This adjustment impacts the timetable for the Rights Issue, including key dates for shareholder meetings and share dealings, which have been revised accordingly.

More about AustAsia Group Limited.

Average Trading Volume: 104,224

Technical Sentiment Signal: Buy

See more insights into 2425 stock on TipRanks’ Stock Analysis page.

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