ISOTeam (SGX:5WF) completed the proposed placement of nearly 86.2 million shares at SG$0.8126 apiece, according to a Tuesday filing with the Singapore Exchange.
Following the issuance, the facilities management company's share capital has increased to 793.4 million shares.
The new shares are expected to be listed and quoted on Sept. 24, with trading set to commence on the same date.
Shares of the company were down over 2% at the close of trading on Tuesday.
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