Soilbuild Construction Serves Notice of Expiry of Warrants; Shares Down 7%

MT Newswires06-19

Soilbuild Construction Group (SGX:S7P) said that the rights to subscribe for new shares in the capital of the company comprised in the warrants will expire on July 29, according to a filing with the Singapore Exchange on Tuesday.

The exercise price of each warrant is SG$0.073 per new share, the filing said.

Shares of the construction engineering company plunged over 7% in recent Wednesday trading.

Price (SGD): S$0.11, Change: S$-0.01, Percent Change: -7.02%

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