Crown International’s Rights Issue Oversubscribed by 7.53%

Crown International Corporation Limited (HK:0727) has released an update.

Crown International Corporation Limited announced the results of its one-for-two rights issue, which was oversubscribed by approximately 7.53%. The company received a total of 1,899,425,674 valid acceptances and applications, exceeding the maximum number of shares offered. Allocation of excess rights shares was made on a fair and equitable basis, ensuring compliance with regulatory requirements.

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