Rare Earth Magnesium Updates Rights Issue Timeline

Rare Earth Magnesium Technology Group Holdings Ltd. (HK:0601) has released an update.

Rare Earth Magnesium Technology Group Holdings Ltd. has announced a revised timetable for its proposed rights issue, offering one rights share for every two existing shares. Due to additional time needed to finalize the prospectus, the new schedule anticipates the prospectus dispatch by December 24, 2024, with key dates for share dealings and payments extending into January 2025. Investors are advised to note the updated timelines as they consider participation in this financial opportunity.

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