Top Shelf International Holdings Ltd. (AU:TSI) has released an update.
Top Shelf International Holdings Ltd. has initiated a new share offer to its current shareholders in Australia and New Zealand, aiming to raise $13.9 million. The non-underwritten, pro rata accelerated non-renounceable entitlement offer allows shareholders to acquire 2 new shares for every 3 they currently hold. This move is expected to have no significant impact on the company’s control structure.
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