Miyoshi Limited (SG:M03) has released an update.
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Miyoshi Limited has announced the launch of a rights issue, offering up to 497,353,940 new ordinary shares to its existing shareholders. The Offer Information Statement has been lodged with the SGX-ST and is available for online viewing instead of traditional print distribution. This rights issue follows a series of announcements and a circular, all pertaining to the company’s ongoing capital management strategy.
For further insights into SG:M03 stock, check out TipRanks’ Stock Analysis page.