TrickleStar (SGX:CYW) has filed its Offer Information Statement for a renounceable, non-underwritten rights issue, aiming to raise capital, according to a Monday filing on the Singapore Exchange.
Rights trading begins Jan. 31, and closes Feb. 10. Shareholders have until Feb. 14 to accept allotments, apply for excess rights shares, or make payments.
New shares will be issued on Feb. 20, with trading commencing Feb. 24. Refunds for unsuccessful applications will follow within three business days.
Exclusions apply to ineligible foreign shareholders and CPF investors. TrickleStar shares began trading ex-rights on Jan. 23.
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