Sing Holdings plans to place out 40m new shares
Property firm Sing Holdings plans to place up to 40 million new shares to raise $16.8 million to fund its recent acquisitions.
The new shares will be priced at $0.43 each, representing a 10% discount to the volume weighted average price for trades done in Sing Holdings' shares on Wednesday.
The new shares represent 17.6% of the issued share capital of Sing Holdings.
Friday, March 30, 2007
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