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Trans-China Automotive issues 334,513,155 shares in rights offering at S$ 0.014 each

PUBT·08/12/2026 11:51:59
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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.