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Ascent Bridge Limited ( (SG:AWG) ) has provided an announcement.
Ascent Bridge Limited has successfully raised approximately S$2.37 million through the placement of new ordinary shares. The net proceeds are primarily allocated for general working capital purposes, including payments to suppliers, professional fees, rental expenses, and payroll-related expenses. This financial maneuver is expected to support the company’s ongoing operations and enhance its financial stability.
More about Ascent Bridge Limited
Ascent Bridge Limited is a company incorporated in Singapore, operating with its subsidiaries as a group. The company is involved in various operations, focusing on general working capital and operational expenses.
Average Trading Volume: 28,026
Technical Sentiment Signal: Buy
Current Market Cap: S$64.78M
For detailed information about AWG stock, go to TipRanks’ Stock Analysis page.