Corrigendum to EGM notice; FCCB fundraising of up to USD 15 Million up for approval
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Cargosol Logistics has issued a corrigendum to its EGM notice dated 4 July 2026. The EGM is scheduled for 31 July 2026 at 12 noon via video conferencing. The only business is a special resolution to raise up to USD 15 million through Foreign Currency Convertible Bonds via private placement in one or more tranches. Proceeds will fund global expansion, entry into overseas markets, and international acquisitions or capex. The corrigendum updates the explanatory statement; all other notice contents stay the same.
Potential equity dilution if FCCBs convert into shares. Shareholders must vote at the 31 July EGM to approve the fundraising.