new acquisitions + equity fund raising
LAUNCH OF EQUITY FUND RAISING TO RAISE S$700m
Between S$1.860 and S$1.911 for each New Unit under the Private Placement
Between S$1.82 and S$1.87 for each New Unit under the Preferential Offering
Between S$1.82 and S$1.87 for each New Unit under the Preferential Offering
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
MauriceThePrince : Meaning issuing of new shares out?
lady on street : do u think process going up after lifted?
snoopy123OP MauriceThePrince: yeah, existing holders will get rights (X-date=30-Nov) to buy new shares.. and need to subscribe by 14-Dec
MauriceThePrince snoopy123OP: It looks like they need cash flow. Issuing of new shares will
dilute the values of the share price, causing it to drop further?
snoopy123OP lady on street: think it may go down slightly coz the private placement shares are at discount ~$1.86..
snoopy123OP MauriceThePrince: not really, the new shares is for new acquisitions, not for cashflow..
MauriceThePrince snoopy123OP: If that’s the case, can start to queue to bid for $1.86.
MauriceThePrince snoopy123OP: What does private placement shares mean?
lady on street MauriceThePrince:
MauriceThePrince lady on street: Nice cow you have
View more comments...