Travelite Holdings Ltd. (DE:DMA1) has released an update.
Travelite Holdings Ltd. has successfully completed a rights issue, with an oversubscription of 107.2%, as shareholders showed strong interest, applying for 33,823,036 new shares against the 31,549,204 on offer. The issue, priced at S$0.08 per share, allowed for one new share for every two shares held. All valid applications have been fully satisfied, reflecting robust investor confidence in the company.
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