China Automotive Interior Decoration Holdings Announces Rights Issue and Secondary Offering with Three-for-Two Share Ratio

Reuters
Oct 06, 2025
China Automotive Interior Decoration Holdings Announces Rights Issue and Secondary Offering with Three-for-Two Share Ratio

China Automotive Interior Decoration Holdings Ltd. has announced a proposed rights issue, offering three rights shares for every two existing shares held by shareholders on the record date. The company will issue a circular to provide further details on the rights issue, the placing agreement, and the underwriting arrangement. The circular will also include recommendations from the Independent Board Committee and advice from the Independent Financial Adviser. The company will update shareholders on any changes to the timetable as necessary.

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