Guan Chao Delays Rights Issue Circular

Guan Chao Holdings Limited (HK:1872) has released an update.

Guan Chao Holdings Limited has announced a delay in the distribution of its Circular regarding a proposed Rights Issue, which will now be dispatched by 23 August 2024. The Rights Issue will offer four new shares for every one share held on the record date, on a non-underwritten basis. The revised timetable also details the new schedule for the Extraordinary General Meeting (EGM) and subsequent key dates for shareholder participation.

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