AsiaPhos Limited (SG:5WV) has released an update.
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AsiaPhos Limited has successfully increased its issued shares to 1.48 billion following a recent Rights Issue that saw the allocation of over 448 million new shares. The company has fully utilized the net proceeds of S$2.22 million from this initiative for offsetting arrangements and general working capital.
For further insights into SG:5WV stock, check out TipRanks’ Stock Analysis page.