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An update from Adventus Holdings Limited ( (SG:5EF) ) is now available.
Adventus Holdings Limited, a company incorporated in Singapore, has announced the full utilization of net proceeds amounting to S$1,482,745 from the placement of 855,000,000 new ordinary shares. The proceeds were allocated towards the repayment of bank obligations, general working capital, and property enhancement costs, with each category receiving a specific percentage of the funds. This strategic allocation is expected to support the company’s financial stability and operational efficiency.
More about Adventus Holdings Limited
Current Market Cap: S$6.61M
Learn more about 5EF stock on TipRanks’ Stock Analysis page.