AustAsia Group Ltd. Announces Rights Issue: Two New Shares for Every Five Held, Seeks Whitewash Waiver

Reuters

Jun 05

AustAsia Group Ltd. has announced a proposed rights issue offering two rights shares for every five existing shares held by shareholders on the record date. The move is accompanied by an application for a Whitewash Waiver. The circular containing details about the rights issue and related resolutions has been dispatched to shareholders as of June 5, 2025.

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. AustAsia Group Ltd. published the original content used to generate this news brief on June 05, 2025, and is solely responsible for the information contained therein.

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Announces Rights Issue: Two New Shares for Every Five Held, Seeks Whitewash Waiver","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      AustAsia Group Ltd. Announces Rights Issue: Two New Shares for Every Five Held, Seeks Whitewash Waiver\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        AustAsia Group Ltd. has announced a proposed rights issue offering two rights shares for every five existing shares held by shareholders on the record date. The move is accompanied by an application for a Whitewash Waiver. 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Announces Rights Issue: Two New Shares for Every Five Held, Seeks Whitewash Waiver\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-06-05 19:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      AustAsia Group Ltd. Announces Rights Issue: Two New Shares for Every Five Held, Seeks Whitewash Waiver\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        AustAsia Group Ltd. has announced a proposed rights issue offering two rights shares for every five existing shares held by shareholders on the record date. The move is accompanied by an application for a Whitewash Waiver. The circular containing details about the rights issue and related resolutions has been dispatched to shareholders as of June 5, 2025.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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Announces Rights Issue: Two New Shares for Every Five Held, Seeks Whitewash Waiver\n    \n\n        AustAsia Group Ltd. has announced a proposed rights issue offering two rights shares for every five existing shares held by shareholders on the record date. The move is accompanied by an application for a Whitewash Waiver. The circular containing details about the rights issue and related resolutions has been dispatched to shareholders as of June 5, 2025.\n      \n\nDisclaimer: 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. 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