Palinda Group Holdings Limited released a supplemental announcement detailing a revised schedule for its previously proposed capital reorganisation, change in board-lot size and non-underwritten 1-for-2 rights issue.
Key milestones
1. Circular and EGM • Dispatch of the circular, proxy form and EGM notice has been pushed back to 18 September 2026. • The extraordinary general meeting to approve the capital reorganisation is set for 11:00 a.m. on 2 October 2026, with the record date for voting also on 2 October 2026.
2. Capital reorganisation and board-lot change • Subject to shareholder approval, the capital reorganisation will take effect at 9:00 a.m. on 13 November 2026. • From that same time, trading will transition from existing board lots of 12,000 shares to new board lots of 5,000 shares. • Parallel trading, temporary counters and odd-lot matching services will run from 27 November 2026 to 17 December 2026, and free exchange of share certificates will close on 21 December 2026.
3. Rights issue timetable (conditional) • Last day of cum-rights trading: 13 November 2026. • Ex-rights trading begins: 16 November 2026. • Record date for entitlements: 24 November 2026, with the register closed from 18 – 24 November 2026. • Prospectus dispatch: 25 November 2026, and nil-paid rights trading runs from 27 November – 4 December 2026. • Latest time for acceptance and payment: 4:00 p.m. on 9 December 2026. • Placing of unsubscribed rights shares will be conducted on 18 December 2026. • The rights issue must become unconditional by 4:00 p.m. on 23 December 2026. • Fully-paid rights shares are expected to begin trading at 9:00 a.m. on 31 December 2026, with net gain payments to relevant shareholders scheduled for 18 January 2027.
Management note
Chairlady and Executive Director Huang Wei signed the announcement on 15 September 2026, confirming that the board believes the disclosed information is accurate and complete. The company emphasised that all dates remain subject to change, with any adjustments to be released via further announcements on the Hong Kong Stock Exchange website and the company’s own site.