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No Signboard Holdings Ltd. ( (SG:9I7) ) has issued an update.
Bromat Holdings Ltd. has decided to cancel its proposed renounceable non-underwritten rights issue of up to 129,468,852 new ordinary shares due to unfavorable market conditions and the current trading price being below the issue price. This decision was mutually agreed upon with investors, and all related obligations and undertakings will be terminated. The company plans to explore other fundraising options and will keep shareholders informed of any new developments.
More about No Signboard Holdings Ltd.
Average Trading Volume: 24,942
Technical Sentiment Signal: Sell
Current Market Cap: S$6.78M
See more insights into 9I7 stock on TipRanks’ Stock Analysis page.