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Ascent Bridge Limited Fully Utilizes Placement Proceeds for Operational Needs

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Ascent Bridge Limited Fully Utilizes Placement Proceeds for Operational Needs

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An announcement from Ascent Bridge Limited ( (SG:AWG) ) is now available.

Ascent Bridge Limited has announced the full utilization of net proceeds amounting to approximately S$2,366,022 from the placement of new ordinary shares. The funds have been allocated for general working capital purposes, including rental and payroll-related expenses, reflecting the company’s strategic focus on sustaining its operational needs.

More about Ascent Bridge Limited

Ascent Bridge Limited is a company incorporated in Singapore, operating with a group of subsidiaries. The company is involved in various business activities, focusing on providing general working capital for its operations.

Average Trading Volume: 30,955

Technical Sentiment Signal: Buy

Current Market Cap: S$57.47M

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

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