RISECOMM GP-NEW (01679): Rights Issue Receives Valid Acceptance of Approximately 32.34%

Stock News

Sep 19

RISECOMM GP-NEW (01679) announced that as of 4:00 PM on Friday, September 12, 2025 (the latest acceptance deadline), the company received a total of 11 valid acceptances involving 82.712 million rights shares, representing approximately 32.34% of all rights shares offered. As a result, the rights issue was undersubscribed, with 173 million unsubscribed rights shares, accounting for approximately 67.66% of all rights shares, which will be handled under the unsubscribed arrangement. According to Rule 7.21(1)(b) of the Listing Rules, the company has made arrangements to offer the 173 million unsubscribed rights shares to independent placees for the benefit of shareholders to whom rights shares were offered under the rights issue.

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