Guan Chao Holdings Delays Rights Issue Prospectus Dispatch

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

Guan Chao Holdings Limited has announced a further delay in the dispatch of its prospectus related to a proposed rights issue, pushing the date to on or before November 22, 2024. This rights issue, which offers four rights shares for every existing share, highlights the company’s strategic move to raise capital. Investors will be keen to follow the revised timeline and the potential market impact.

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