Lancor Holdings Limited — Others, 21-03-2025: Trading Window
21-03-2025 · 01:41 pm
LANCOR HOLDINGS has announced a board meeting on 28th March 2025 to discuss a proposal for fundraising, potentially through the issuance of equity shares or other equity-linked securities, including convertible warrants. The board may also consider calling a general meeting to obtain shareholder approval for these plans. Consequently, the trading window is closed for designated persons from 21st March 2025 until further notice. This move indicates a strategic effort to enhance liquidity and support growth initiatives, likely creating positive sentiment among investors while also introducing associated risks related to share dilution or market response to new issuances.
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