ASL Marine (SGX:A04) issued and allotted 481,600 shares pursuant to the exercise of same number of warrants at the exercise price of SG$0.6 per share, according to a filing with the Singapore Exchange on Tuesday.
Following the exercise, the number of issued ordinary shares of the company has increased from 919,220,201 ordinary shares to 919,701,801 ordinary shares.
The new shares are expected to be listed, quoted and start trading on July 11.
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