Shanaya Limited (SG:SES) has released an update.
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Shanaya Limited has announced the dispatch of notification letters and application forms to eligible shareholders for its upcoming Rights Issue, offering new shares at S$0.0250 each on a one-for-one basis. Shareholders who haven’t received the documents can contact relevant authorities for assistance until August 5, 2024. The Rights Issue is part of Shanaya’s previously disclosed plans to expand its capital through new ordinary shares.
For further insights into SG:SES stock, check out TipRanks’ Stock Analysis page.