PASHUN INT'L (00574) Announces Disposal of Unsubscribed Rights Issue Shares via Compensation Mechanism

Stock News
05/29

PASHUN INT'L (00574) has issued an announcement stating that as of the record date, the total number of issued shares was 1.475 billion. The total number of rights issue shares offered under the rights issue was 737 million shares (the Offer Shares). The board announced that by 4:00 p.m. on Tuesday, May 26, 2026, the final acceptance deadline, a total of 24 valid applications and acceptances were received based on the provisional allotment letters, covering a total of 516 million rights issue shares, representing approximately 69.91% of the offer shares available for subscription under the rights issue. The remaining 222 million unsubscribed shares (representing approximately 30.09% of the total offer shares available for subscription under the rights issue) will be handled in accordance with the compensation arrangements.

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