CROWNICORP (00727): The oversubscription rate for the stock offering is approximately 2.7%
Crown Worldwide Group (00727) announced that all the conditions stated in the prospectus have been met, and the offer will become unconditional at 4:00 pm on February 13, 2026 (Friday).
CROWNICORP (00727) announces that all conditions stated in the memorandum have been fulfilled and the rights issue will become unconditional at 4:00 pm on February 13, 2026 (Friday).
As of 4:00 pm on February 12, 2026 (Thursday) (the deadline for acceptance of rights shares and payment of subscription monies, as well as application for additional rights shares):
(i) 10 valid acceptances have been received under the provisional allotment letter, involving a total of 349,624,546 rights shares, equivalent to approximately 36.7% of the maximum number of rights shares offered, which is 953,883,000 shares; and
(ii) 9 valid applications have been received for additional rights shares under the application form, involving a total of 629,517,634 rights shares, equivalent to approximately 66.0% of the maximum number of rights shares offered.
In total, 19 valid acceptances and applications for 979,142,180 rights shares have been received, equivalent to 102.7% of the maximum number of rights shares offered.
Based on the above results, the rights issue has been oversubscribed by 25,259,180 rights shares, equivalent to approximately 2.7% of the maximum number of rights shares offered.
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