Xinming China Holdings Announces Rights Issue: Four New Shares for Every One Adjusted Share
Xinming China Holdings Ltd. has announced a revised expected timetable for its proposed rights issue, which involves issuing four rights shares for every one adjusted share held. The process, scheduled around various dates in June 2025, is non-underwritten and aims to reorganize the company's capital structure. Further announcements will be made if there are any changes to the timetable.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xinming China Holdings Ltd. published the original content used to generate this news brief on June 06, 2025, and is solely responsible for the information contained therein.
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