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Macau Legend plans 10-for-one share consolidation and considers fundraising

Funding

Macau Legend plans to ask shareholders to approve a 10-for-one share consolidation on 30 July, with the change expected to take effect by 4 September. The company said it was considering fundraising, including a possible rights issue, but had no concrete plan; the proposal follows reported debt restructuring agreements and concerns about its ability to continue as a going concern.

The consolidation and possible fundraising could affect Macau Legend shareholders as the company addresses its stated financial needs.

End-of-day close Macau Legend Development (1680), HKD, to 28 August 2025
Story date30 May 202528 August 2025

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Juroszek family raises Gentoo Media stake to 59.3% in €100m refinancing

The Juroszek family has increased its stake in Gentoo Media from 26.8% to 59.3% through a €100m refinancing package. Two family-owned entities bought €50m of equity through a share issue, with a further €50m provided as a loan; Gentoo Media chief executive Jonas Warrer said the completed refinancing would enable full repayment of bonds due in December.

The Juroszek family has gained majority control of Gentoo Media following a €100m debt refinancing, according to the source. The family's holding rose from 26.8% to 59.3%.

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