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Adventus Holdings Secures SGX-ST Approval for Share Placement

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Adventus Holdings Secures SGX-ST Approval for Share Placement

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Adventus Holdings Limited ( (SG:5EF) ) has issued an announcement.

Adventus Holdings Limited has received in-principle approval from the Singapore Exchange Securities Trading Limited (SGX-ST) for the proposed placement of up to 855,000,000 new ordinary shares at a price of S$0.0018 per share. This placement, subject to compliance with SGX-ST’s listing requirements, aims to enhance the company’s capital structure by issuing the shares within seven market days from approval. The approval marks a significant step for the company, although it does not imply an endorsement of the placement’s merits.

More about Adventus Holdings Limited

Current Market Cap: S$7.35M

See more data about 5EF stock on TipRanks’ Stock Analysis page.

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