ASL Marine (SGX:A04) allotted and issued roughly 32.1 million shares in the company's capital following the exercise of warrants at a price of SG$0.06 per share.
Following the allotment, the company's issued ordinary shares increased to 990.4 million from 958.3 million, according to a Wednesday filing with the Singapore Exchange.
The new shares are expected to be listed and quoted on July 26.
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