Outcome of Board meeting - Adoption of Valuation report
Price
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Awaiting price reaction for this filing.
The board of Richfield Financial Services Ltd met on 23rd October 2025 and approved two items. First, it adopted a valuation report from registered valuer S. Dehaleesan for a proposed preferential issue. Second, it fixed 22nd October 2025 as the relevant date for the preferential issue. The filing does not disclose the issue size, price, number of shares, or identity of proposed allottees.
This is an early procedural step toward a preferential allotment. Shareholders should wait for further disclosures on the issue size, pricing, and identity of allottees to understand dilution and any potential price impact.