Bacui Technologies Receives Approval for Rights Issue Listing

MT Newswires11-05

Bacui Technologies International (SGX:YYB) has received approval from the Singapore Exchange (SGX) to list and quote up to 3.29 billion rights shares, the issuance of which still needs shareholder approval at an extraordinary general meeting, according to a Monday filing on the Singapore Exchange.

The proposed non-renounceable rights issue would be offered based on three rights shares for every existing share, with fractional entitlements disregarded.

Price (SGD): S$71.67, Change: S$+0.20, Percent Change: +0.28%

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