FUTURE MACH LTD plans a "2 for 1" rights issue
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FUTURE MACH LTD announced plans for a rights issue, where eligible shareholders will receive 1 rights share for every 2 existing shares held, at a subscription price of HKD 0.28 per share. It is expected to issue 500 million shares, raising up to approximately HKD 140 million. The rights issue is limited to eligible shareholders, and assuming no changes in capital, the net fundraising cap is approximately HKD 138 million
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