Travelite Holdings Ltd. (DE:DMA1) has released an update.
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Travelite Holdings Ltd. announces a rights issue of over 31 million new ordinary shares at S$0.08 each, allocated on a 1-for-2 basis for existing shareholders, excluding foreign shareholders due to legal restrictions. Entitled shareholders have been sent notification letters with instructions and can contact the Central Depository for assistance. The rights issue is part of a series of announcements made by the company, with a detailed timeline for shareholders to participate.
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