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Clearbridge Health Raises S$1.86 Million Through Share Placement

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Clearbridge Health Raises S$1.86 Million Through Share Placement

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Clearbridge Health Ltd. ( (SG:1H3) ) just unveiled an update.

Clearbridge Health Limited has successfully completed a placement of 990 million new ordinary shares, raising approximately S$1.86 million in net proceeds. These funds are primarily allocated to general working capital requirements, with significant portions used for payroll-related expenses, payments to suppliers, professional fees, and rental expenses, which will support the company’s operational needs and financial stability.

More about Clearbridge Health Ltd.

Clearbridge Health Limited is a company incorporated in the Republic of Singapore, operating in the healthcare industry. It focuses on providing medical services and healthcare solutions through its subsidiaries.

Technical Sentiment Signal: Sell

Current Market Cap: S$8.59M

For detailed information about 1H3 stock, go to TipRanks’ Stock Analysis page.

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