ASL Marine Expands Share Count Post-Warrants Exercise

ASL Marine Holdings Ltd. (SG:A04) has released an update.

ASL Marine Holdings Ltd. has announced an increase in its issued ordinary shares from about 919.7 million to approximately 937.7 million due to the exercise of 18 million warrants at S$0.06 each. These new shares are set to be listed and begin trading on the SGX-ST on July 17, 2024. Following this exercise, there remain 261.2 million warrants, with the same exercise price, expiring soon after, on July 23, 2024.

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