📈 Dividend / Entitlement · WAVESAPP Waves Home Appliances Limited has submitted a final offer document for a rights issue, proposing to issue 150,015,772 new ordinary shares at a price of PKR 10 per share, representing a 56% increase in the company's paid-up capital.
- Rights Issue Details: 150,015,772 shares at PKR 10 each, totaling PKR 1,500.16M.
- Purpose: To strengthen financial position, fund working capital, and repay loans to the holding company.
- Book Closure Date: 27 August 2026.
- Subscription Payment Dates: 31 August 2026 to 21 September 2026.
- Trading Dates for Rights: 31 August 2026 to 14 September 2026.
- Allotment Date: 5 October 2026.
- Underwriting: Fully underwritten by Next Capital Limited.
About this brief: prepared automatically by BSL’s research systems from the company’s filing with the exchange. A summary for information, not investment advice — the original filing is the authoritative record.
Original filing (PDF)