Peako Limited (AU:PKO) has released an update.
Peako Limited has announced a new proposal for issuing securities, set to take place with an ex-date of July 19, 2024, and an offer closing date of August 5, 2024. The issue will involve the release of up to 351,389,813 ordinary fully paid shares, aiming to strengthen the company’s capital structure. The issuance falls under a standard pro rata basis and is non-renounceable, meaning shareholders cannot transfer their entitlement.
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