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The latest update is out from Transit-Mixed Concrete Ltd ( (SG:570) ).
Abundante Limited, a company incorporated in Singapore, has provided an update on the use of proceeds from a share placement. The company raised S$4,813,000 from the issuance of 34,700,000 new ordinary shares. The entire amount has been allocated towards the expansion of business and general working capital, specifically for the purchase of property, as initially intended. This update reflects the company’s strategic focus on growth and operational enhancement.
More about Transit-Mixed Concrete Ltd
Average Trading Volume: 114,170
Technical Sentiment Signal: Sell
Current Market Cap: S$15.64M
Find detailed analytics on 570 stock on TipRanks’ Stock Analysis page.