United Electronics Company (eXtra) announces the Board of Directors’ resolution to approve the sale of 1.25% of eXtra ownership in the capital of United International Holding Company (a subsidiary).
| Element List | Explanation |
|---|---|
| Announcement Detail | United Electronics Company (eXtra) announces its Board of Directors resolution on Tuesday, 05 Aug 2025, to approve the sale of 312,500 shares, representing 1.25% of eXtra ownership in the capital of United International Holding Company (25 million shares). This step aims to enhance the liquidity of the public shareholding in United International Holding Company in preparation for the capital increase recommended by UIHC Board of Directors, (Which includes the allocation of Shares for employee stock options)
The transaction will be carried out in accordance with the relevant rules and regulations of the Capital Market Authority. |
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