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Pinestone Capital Announces Delay in Share Consolidation and Rights Issue

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Pinestone Capital Announces Delay in Share Consolidation and Rights Issue

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The latest announcement is out from Pinestone Capital Ltd ( (HK:0804) ).

Pinestone Capital Limited has announced a further delay in the dispatch of its circular regarding the proposed share consolidation and rights issue. The revised timetable indicates that the circular will now be dispatched by July 7, 2025, with the effective date for share consolidation set for August 5, 2025. This delay may impact the company’s operational timelines and stakeholder expectations, as it involves significant changes in share structure and trading arrangements.

More about Pinestone Capital Ltd

Pinestone Capital Limited is a company incorporated in the Cayman Islands with limited liability, operating in the financial sector. It is listed on the Stock Exchange of Hong Kong and is involved in activities related to securities.

Average Trading Volume: 4,434,050

Technical Sentiment Signal: Sell

Current Market Cap: HK$56.04M

For an in-depth examination of 0804 stock, go to TipRanks’ Overview page.

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