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Trans-China Automotive issues 334,513,155 shares in rights offering at S$ 0.014 each
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Trans-China Automotive issues 334,513,155 shares in rights offering at S$ 0.014 each
  • Trans-China Automotive expects to allot and issue 334,513,155 rights shares on about Aug. 13 at S$ 0.014 each.
  • Rights issue drew valid acceptances, excess applications for 334,513,155 shares, equal to 63.04% of the 530,653,662 offered.
  • Net proceeds totaled about S$ 4.51 million, mainly earmarked for liability settlement.
  • Listing, quotation of the new shares expected on Catalist on about Aug. 17, with trading from 9:00 a.m.
  • Issued share count set to rise to 924,128,338 from 589,615,183 following the issuance.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Trans-China Automotive Holdings Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: LIYSXD8GZ1JX6K4C) on August 12, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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