AEM Holdings to raise SGD 12 million in private placement of 3.35 million shares

Reuters03-22
AEM Holdings to raise SGD 12 million in private placement of 3.35 million shares
  • AEM entered a private placement subscription agreement with Advanced Semiconductor Engineering Test for 3,350,000 new shares at SGD 3.59 per share.
  • The placement is expected to raise about SGD 12.03 million in gross proceeds.
  • Alongside the share subscription, AEM will issue 28,111,856 free detachable warrants in two tranches that are not intended to be listed.
  • The tranche 1 warrants have an exercise price of SGD 4.11, while the tranche 2 warrants have an exercise price of SGD 4.19.
  • The subscription shares represent about 1.06% of AEM’s issued shares excluding treasury shares.


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. AEM Holdings Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: C9MCBFDY46V3R4AH) on March 21, 2026, and is solely responsible for the information contained therein.

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