ZHONGSHI MINAN (08283): Rights Issue Undersubscribed by 263.5 Million Shares

Stock News
Jan 26

ZHONGSHI MINAN (08283) announced that, as of the record date, a total of 288 million rights issue shares were offered for subscription. The board of directors declared that by 4:00 p.m. on Monday, January 19, 2026, the deadline for accepting the rights issue shares, a total of 12 valid acceptances had been received, covering an aggregate of 24.4585 million rights issue shares. This figure represents approximately 8.49% of the total number of shares offered. Consequently, the rights issue was undersubscribed by 263.5 million shares, equivalent to about 91.51% of the total shares offered, and these related shares will be dealt with according to the compensation arrangement.

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