Fund-raising proposal deferred; board to meet again on November 5
Price
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The Board discussed raising funds through securities or other instruments on October 26, but reached no decision because the structure and commercial terms required further review. It will reconsider options including qualified institutional placement, private placement, preferential issue, rights issue, or a combination on November 5, subject to regulatory and shareholder approvals. The board will also approve September 2026 quarterly and half-year results. Trading remains closed until 48 hours after the results are declared.
No fundraising terms were approved, so the price impact is uncertain. A possible share issue may create dilution, while the November 5 meeting is the next key catalyst.