Jisheng Group Holdings Ltd. has announced a further delay in the dispatch of its circular and a revised expected timetable related to its proposed corporate actions, including a capital reorganisation and a rights issue. The rights issue will be conducted on the basis of three rights shares for every one adjusted share held on the record date, and will be carried out on a non-underwritten basis. The company has issued several announcements regarding these proposals and the associated delays, and further details are available on the Hong Kong Stock Exchange and the company's website.
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