Dragon Rise Group Holdings Ltd. (HK:6829) has released an update.
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Dragon Rise Group Holdings Ltd. has announced a delay in sending out the information circular related to its proposed share consolidation and rights issue, now expected to reach shareholders by October 18, 2024, instead of the previously scheduled October 4. The postponement is due to the need for additional time to finalize the group’s financial information and the independent financial adviser’s letter of advice. Consequently, the schedule for the share consolidation, rights issue, and the Extraordinary General Meeting (EGM) has been updated, with key events rescheduled for early to mid-November 2024.
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