Crown Global Group's Rights Issue Oversubscribed by Approximately 2.7%

Stock News
Yesterday

Crown Global Group (00727) announced that all conditions set forth in the company's articles have been fulfilled, making the rights issue unconditional as of 4:00 PM on Friday, February 13, 2026. By the deadline of 4:00 PM on Thursday, February 12, 2026, which was the final time for accepting rights issue shares and making payments, as well as applying for additional rights issue shares and payments: (i) valid acceptances were received for 10 provisional allotments under the provisional allotment letters, involving a total of 349,624,546 rights issue shares, representing approximately 36.7% of the maximum 953,883,000 rights issue shares to be offered; and (ii) valid applications were received for 9 additional rights issue shares under the additional application forms, involving a total of 629,517,634 rights issue shares, representing approximately 66.0% of the maximum 953,883,000 rights issue shares to be offered. In total, valid acceptances and applications for 979,142,180 rights issue shares were received, representing 102.7% of the maximum 953,883,000 rights issue shares to be offered. Based on these results, the rights issue was oversubscribed by 25,259,180 shares, equivalent to approximately 2.7% of the maximum number of rights issue shares offered.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10