Lifebrandz Ltd. (SG:1D3) has released an update.
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Autagco Ltd., formerly known as LifeBrandz Ltd., has secured a S$500,000 convertible loan from Lenn International Pte. Ltd., allowing the investor the option to convert the loan into shares at a set price. This move aims to support the company’s business expansion and general working capital needs. The company plans to list the conversion shares on the SGX-ST Catalist board, pending necessary approvals.
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