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Ascent Bridge Limited ( (SG:AWG) ) just unveiled an announcement.
Ascent Bridge Limited has announced the termination of its Rights Issue due to a significant delay and the recent sanction granted by the Cayman Court. This decision allows MTBL Global Holdings Pte Ltd to redirect funds initially set aside for the Rights Issue towards a proposed voluntary conditional general offer, potentially impacting the company’s future fundraising strategies and market positioning.
More about Ascent Bridge Limited
Ascent Bridge Limited, incorporated in Singapore, operates within a group structure and focuses on providing various services and products through its subsidiaries.
Average Trading Volume: 22,392
Technical Sentiment Signal: Hold
Current Market Cap: S$41.79M
See more data about AWG stock on TipRanks’ Stock Analysis page.