Risecomm Group Announces Share Consolidation and Rights Issue Plan

Reuters

Jul 09

Risecomm Group Holdings Ltd. has announced a delay in the dispatch of its circular regarding a proposed share consolidation. The plan involves consolidating shares and increasing authorized share capital, along with a rights issue offering five rights shares for every one consolidated share held. The company has revised the expected timetable for these changes and will provide updates to shareholders and the Stock Exchange as necessary.

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. Risecomm Group Holdings Ltd. published the original content used to generate this news brief on July 09, 2025, and is solely responsible for the information contained therein.

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The company has revised the expected timetable for these changes and will provide updates to shareholders and the Stock Exchange as necessary.\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. Risecomm Group Holdings Ltd. published the original content used to generate this news brief on July 09, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"shareholding,event","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}