Special Advisory: FosRich Company Limited (FOSRICH)

April 20, 2022

FosRich Company Limited (FOSRICH) has advised that at a Board meeting to be held at 9:00 a.m. on April 28, 2022, the Board will consider recommending to shareholders at the AGM certain resolutions to facilitate raising additional equity investment by a rights issue and/or additional public offering of ordinary shares. The Company has further advised that the resolutions include increasing the authorized share capital and approving a stock split.


Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.

Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.