Travelite Holdings Ltd. (DE:DMA1) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Travelite Holdings Ltd. announces a rights issue of over 31 million new ordinary shares at S$0.08 each, allocated on a 1-for-2 basis for existing shareholders, excluding foreign shareholders due to legal restrictions. Entitled shareholders have been sent notification letters with instructions and can contact the Central Depository for assistance. The rights issue is part of a series of announcements made by the company, with a detailed timeline for shareholders to participate.
For further insights into DE:DMA1 stock, check out TipRanks’ Stock Analysis page.
