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Sandmartin International Holdings Delays Circular Dispatch for Capital Reorganization

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Sandmartin International Holdings Delays Circular Dispatch for Capital Reorganization

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An update from Sandmartin International Holdings Limited ( (HK:0482) ) is now available.

Sandmartin International Holdings Limited has announced a further delay in the dispatch of its circular related to a proposed capital reorganization and rights issue. The delay is due to the company considering revisions to the structure of the rights issue, necessitating additional time to finalize the circular’s contents. The new expected dispatch date is on or before December 26, 2025. The company warns shareholders and potential investors of the risks involved, as the capital reorganization and rights issue are contingent upon certain conditions being met, and may not proceed as planned.

More about Sandmartin International Holdings Limited

Sandmartin International Holdings Limited is a company incorporated in Bermuda with limited liability, operating in the financial sector. The company is involved in capital reorganization and rights issues, focusing on restructuring its capital and offering rights shares to its shareholders.

Average Trading Volume: 506,441

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$88.59M

For an in-depth examination of 0482 stock, go to TipRanks’ Overview page.

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