Pinestone Capital Ltd. has announced a further delay in the dispatch of their circular concerning a proposed share consolidation and rights issue. The consolidation involves converting shares on a basis of three rights shares for every two consolidated shares held on the record date. The revised timetable indicates that dealings in fully-paid rights shares will commence on September 24, 2025. The company will notify shareholders and the Stock Exchange of any changes to the expected timetable.
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.