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Beverly JCG Ltd. ( (SG:9QX) ) just unveiled an announcement.
Beverly JCG Ltd. has entered into an agreement with its continuing sponsor, Evolve Capital Advisory Private Limited, to settle professional advisory fees partly in cash and partly through the issuance of 8,771,929 new ordinary shares at S$0.0114 per share, valuing the share component at S$100,000. The issue price is based on the volume-weighted average price of the company’s shares on 9 January 2026, and the new shares will rank pari passu with existing shares except for entitlements with record dates on or before completion; Beverly JCG will apply, via Evolve, for the listing and quotation of these new shares on the SGX Catalist board, modestly diluting existing shareholders while reinforcing its relationship with its sponsor and preserving cash resources.
More about Beverly JCG Ltd.
Beverly JCG Ltd., incorporated in Singapore and listed on SGX Catalist, operates through its subsidiaries as part of a broader group structure, though the specific industry and core business activities are not detailed in the announcement.
Average Trading Volume: 2,051,201
Technical Sentiment Signal: Sell
Current Market Cap: S$13.82M
For an in-depth examination of 9QX stock, go to TipRanks’ Overview page.