Sandmartin International Announces Rights Issue on One-for-One Basis

Reuters
02/12
Sandmartin International Announces Rights Issue on One-for-One Basis

Sandmartin International Holdings Ltd. has announced a proposed rights issue on the basis of one rights share for every one adjusted share held on the record date, on a non-underwritten basis. The arrangement includes provisions for unsubscribed rights shares, which are those not taken up by qualifying shareholders or not successfully sold by the company. The Independent Board Committee and an Independent Financial Adviser have been appointed to advise shareholders regarding the rights issue. Shareholders and potential investors are advised to exercise caution when dealing in shares and nil-paid rights shares.

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. Sandmartin International Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260212-12023888), on February 12, 2026, and is solely responsible for the information contained therein.

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