String Metaverse Ltd to Consider Bonus Issue on April 29, 2026

String Metaverse Ltd has scheduled a Board of Directors meeting on April 29, 2026, to consider and approve a proposal for the issuance of bonus equity shares. This follows a successful Offer for Sale (OFS) with strong investor participation: Non-Retail investors subscribed approximately 149% and Retail investors subscribed approximately 495%. The bonus issue aims to reward public shareholders, enhance public shareholding from approximately 21.48%, and facilitate compliance with the 25% Minimum Public Shareholding (MPS) requirement. Promoters may forgo their entitlement to the bonus shares, subject to approvals.