Rights Issue by CITYCHAMP Receives Approximately 58% Take-up

Stock News

Jul 14

The rights issue by CITYCHAMP (00256) has been accepted for approximately 58% of the shares on offer.

By the final acceptance deadline of 4:00 p.m. on Friday, July 10, 2026, the company had received a total of 7 valid applications and acceptances based on the provisional allotment letters.

These applications were for a total of approximately 841 million rights shares, representing about 58.0% of the total number of shares available for subscription under the rights issue.

Consequently, about 609.97 million rights shares, or approximately 42.0% of the total offering, were not taken up.

These unsubscribed shares will be subject to compensation arrangements.

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