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Clearbridge Health Completes Rights Issue, Utilizes Proceeds for Operational Needs

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Clearbridge Health Completes Rights Issue, Utilizes Proceeds for Operational Needs

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Clearbridge Health Ltd. ( (SG:1H3) ) has provided an announcement.

Clearbridge Health Limited has announced the completion of its rights issue, raising approximately S$2.229 million after expenses. The proceeds have been fully utilized for the company’s general working capital requirements, including payroll, supplier payments, loan repayments, and professional fees. This financial move is expected to support the company’s operational stability and growth in the competitive healthcare industry.

More about Clearbridge Health Ltd.

Clearbridge Health Limited is a healthcare company based in Singapore, focusing on providing medical and healthcare services across Asia. The company operates through its subsidiaries, offering a range of services including laboratory testing, medical clinics, and health screening services.

Technical Sentiment Signal: Sell

Current Market Cap: S$6.61M

Find detailed analytics on 1H3 stock on TipRanks’ Stock Analysis page.

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