NoonTalk Media Updates on Use of IPO Proceeds

MT Newswires07-12

NoonTalk Media (SGX:SEJ) provided an update on the use of proceeds of around SG$3.2 million it raised form its initial public offering, according to a filing with the Singapore Exchange on Thursday.

The company has recently utilized about SG$755,000 to extend its regional footprint in existing business verticals and SG$484,000 for working capital and general corporate purposes.

The remaining balance is now SG$1.2 million.

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

We need your insight to fill this gap
Leave a comment