Zhong Shen Jian Ye (ASX: 02503) has released an announcement regarding a rights issue. The company will allocate and issue 2.288 billion rights shares on July 3, 2026. The issuance is based on a ratio of two rights shares for every one existing share held on the record date.

Additionally, the company has arranged for a compensation mechanism concerning any rights shares that remain unsubscribed. This involves placing the unsubscribed shares to ensure the completion of the capital raising exercise.