Sandmartin International Announces Further Delay in Capital Reorganization

Reuters
Dec 24, 2025
Sandmartin International Announces Further Delay in Capital Reorganization

Sandmartin International Holdings Ltd. has announced a further delay in the despatch of its circular regarding a proposed capital reorganisation and a rights issue. The rights issue is planned on the basis of one rights share for every one adjusted share held on the record date, on a non-underwritten basis. The company cautions that both the capital reorganisation and the rights issue are subject to certain conditions and may or may not proceed. Shareholders and potential investors are advised to exercise caution when dealing in the company's shares. The company will provide further updates on the revised timetable and structure as appropriate.

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. Sandmartin International Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251224-11966472), on December 24, 2025, and is solely responsible for the information contained therein.

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