Delta Paint PCLRights offering dilutes existing shareholders but proceeds used for business expansion.

Sidelta Public Company Limited, or DPAINT, has announced a rights offering of up to 1.84 billion new ordinary shares to existing shareholders, at a ratio of 1 existing share for 8 new shares, priced at 0.20 baht each. The total fundraising value will not exceed 368 million baht. The subscription and payment period is set from 23 July to 14 August 2026. The company stated that the proceeds will be used to invest in new projects, expand its business base, and create additional revenue streams, in order to strengthen competitiveness and support long-term growth. The offering also gives existing shareholders the opportunity to participate in the business expansion and enhance future returns.
Delta Paint PCLRights offering dilutes existing shareholders but proceeds used for business expansion.