Barramundi Group Ltd. Completes SGD 3.4 Million Private Placement with Existing Shareholders and United Overseas Bank

Reuters09-15

Barramundi Group Ltd. Completes SGD 3.4 Million Private Placement with Existing Shareholders and <a href="https://laohu8.com/S/UOVEF">United Overseas</a> Bank

Barramundi Group Ltd. has announced the completion of a Share Subscription Agreement involving existing shareholders and United Overseas Bank Limited as part of a private placement. The company plans to issue up to 135,032,761 ordinary shares, targeting gross proceeds of up to SGD 3.4 million. Warif Holdings Limited, associated with board member Khairuddin Abd Hamid, has subscribed for 41,340,224 shares at a price of SGD 0.0289 per share. Following this transaction, they hold approximately 26% of the company's outstanding shares and votes. The company is considering a subsequent offering with similar terms for other shareholders to align with listing rules on the Euronext Growth Oslo Exchange.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Barramundi Group Ltd. published the original content used to generate this news brief on September 15, 2025, and is solely responsible for the information contained therein.

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.

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Completes SGD 3.4 Million Private Placement with Existing Shareholders and <a href=\"https://laohu8.com/S/UOVEF\">United Overseas</a> Bank\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Barramundi Group Ltd. has announced the completion of a Share Subscription Agreement involving existing shareholders and <a href=\"https://laohu8.com/S/UOVEY\">United Overseas</a> Bank Limited as part of a private placement. The company plans to issue up to 135,032,761 ordinary shares, targeting gross proceeds of up to SGD 3.4 million. Warif Holdings Limited, associated with board member Khairuddin Abd Hamid, has subscribed for 41,340,224 shares at a price of SGD 0.0289 per share. Following this transaction, they hold approximately 26% of the company's outstanding shares and votes. 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Completes SGD 3.4 Million Private Placement with Existing Shareholders and <a href=\"https://laohu8.com/S/UOVEF\">United Overseas</a> Bank\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Barramundi Group Ltd. has announced the completion of a Share Subscription Agreement involving existing shareholders and <a href=\"https://laohu8.com/S/UOVEY\">United Overseas</a> Bank Limited as part of a private placement. The company plans to issue up to 135,032,761 ordinary shares, targeting gross proceeds of up to SGD 3.4 million. Warif Holdings Limited, associated with board member Khairuddin Abd Hamid, has subscribed for 41,340,224 shares at a price of SGD 0.0289 per share. Following this transaction, they hold approximately 26% of the company's outstanding shares and votes. 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Completes SGD 3.4 Million Private Placement with Existing Shareholders and United Overseas Bank\n    \n\n        Barramundi Group Ltd. has announced the completion of a Share Subscription Agreement involving existing shareholders and United Overseas Bank Limited as part of a private placement. The company plans to issue up to 135,032,761 ordinary shares, targeting gross proceeds of up to SGD 3.4 million. Warif Holdings Limited, associated with board member Khairuddin Abd Hamid, has subscribed for 41,340,224 shares at a price of SGD 0.0289 per share. Following this transaction, they hold approximately 26% of the company's outstanding shares and votes. The company is considering a subsequent offering with similar terms for other shareholders to align with listing rules on the Euronext Growth Oslo Exchange.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Barramundi Group Ltd. published the original content used to generate this news brief on September 15, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[{"id":479114368627448,"gmtCreate":1757991748264,"gmtModify":1757991751753,"author":{"id":"4087428735762250","authorId":"4087428735762250","name":"KingYM","avatar":"https://static.tigerbbs.com/edadae9bfbffcaea77db8ab228a310dc","vip":1,"crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"4087428735762250","idStr":"4087428735762250"},"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/479114368627448","repostId":2567148995,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":1,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.13","shortVersion":"4.35.13","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2567148995","isCrawlerRequest":true}