F J Benjamin Holdings Reallocates Remaining Rights Issue Proceeds to General Working Capital, Targeting Working Capital Support and Bank Loan Repayment

Reuters02-27

F J Benjamin Holdings Reallocates Remaining Rights Issue Proceeds to General Working Capital, Targeting Working Capital Support and Bank Loan Repayment

F J Benjamin Holdings Ltd. said it has reallocated the remaining S$3.008 million of unutilised net proceeds from its 2018 rights cum warrants issue from business expansion to general working capital, with the aim of better supporting current operational needs. The company plans to use these funds to meet working capital requirements, including repayment of bank-financed working capital borrowings.

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. F J Benjamin Holdings Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 5K8S2E42GJ27KVMD) on February 27, 2026, and is solely responsible for the information contained therein.

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