Reliance Global Announces Capital Reorganisation

Reliance Global Holdings Limited (HK:0723) has released an update.

Reliance Global Holdings Limited has announced the effective date of its Capital Reorganisation following the approval at their AGM, set to be implemented as per their previously published timetable. Additionally, the company has adjusted the conversion ratio of their CPS in line with the reorganisation, resulting in a change in the number of New Shares to be issued upon conversion of CPS. These moves are part of the company’s strategic financial restructuring efforts.

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