Zico Holdings (SGX:40W) entered into three conditional placement agreements for the proposed placement of 29,100,000 shares.
The shares will be issued at SG$0.070 apiece to raise SG$2.0 million, according to a filing with the Singapore Exchange on Tuesday.
The company expects to increase its working capital through the proposed placement exercise.
Price (SGD): S$0.05, Change: S$, Percent Change: %
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments