Zhong Shen Jian Ye Announces Issuance of 2.288 Billion Rights Shares

Deep News
Jul 06

Zhong Shen Jian Ye (ASX: 02503) has released an announcement regarding a rights issue. The company will allocate and issue 2.288 billion rights shares on July 3, 2026. The issuance is based on a ratio of two rights shares for every one existing share held on the record date.

Additionally, the company has arranged for a compensation mechanism concerning any rights shares that remain unsubscribed. This involves placing the unsubscribed shares to ensure the completion of the capital raising exercise.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10