FDB HOLDINGS (01826) Issues 799 Million Shares via 2-for-1 Rights Offering
Stock News
Aug 20
FDB HOLDINGS (01826) has announced the issuance of 799 million shares on August 21, 2026, under a rights offering basis where eligible shareholders receive one rights share for every two shares held as of the record date.
This move aligns with the company's capital-raising strategy, enabling it to strengthen its financial position and support future growth initiatives. The rights issue is structured to provide existing shareholders with proportional access to the new shares, maintaining their ownership stake in the company.
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