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An announcement from Ascent Bridge Limited ( (SG:AWG) ) is now available.
Ascent Bridge Limited has successfully raised approximately S$2,366,022 through the placement of new ordinary shares. The net proceeds are being utilized primarily 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 operational expenses and enhance its financial stability.
More about Ascent Bridge Limited
Ascent Bridge Limited is a company incorporated in the Republic of Singapore. It operates within a group structure, focusing on various business activities, although specific industries and market focus are not detailed in the announcement.
Average Trading Volume: 22,960
Technical Sentiment Signal: Hold
Current Market Cap: S$58.51M
For detailed information about AWG stock, go to TipRanks’ Stock Analysis page.