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Power Financial Group Limited ( (HK:0397) ) has provided an update.
Minerva Group Holding Limited has postponed the despatch of prospectus documents for its proposed rights issue, which offers one rights share for every two existing shares at HK$0.038 on a non-underwritten basis. The documentation, originally set for 15 May 2026, is now expected to be sent out on 5 June 2026 to allow more time to prepare and finalise the required information.
As a result of the delay, the company has revised the entire timetable for the rights issue and related trading arrangements, including new dates for cum-rights and ex-rights trading, the record date, and the period for dealing in nil-paid rights. The adjusted schedule means shareholders and potential investors must closely track the updated deadlines for transfers, acceptances, and payments, as the offering’s conditions and timing could affect liquidity and participation decisions.
More about Power Financial Group Limited
Minerva Group Holding Limited is a Bermuda-incorporated company listed in Hong Kong under stock code 397. It operates as an investment holding company, though the specific industry and primary operating segments are not detailed in the announcement, and its shares are actively traded on the Stock Exchange of Hong Kong.
Average Trading Volume: 2,470,768
Technical Sentiment Signal: Sell
Current Market Cap: HK$102.7M
See more data about 0397 stock on TipRanks’ Stock Analysis page.