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Clearbridge Health Utilizes Share Placement Proceeds for Working Capital

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Clearbridge Health Utilizes Share Placement Proceeds for Working Capital

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

Clearbridge Health Limited announced the completion of a placement involving 309,500,000 new ordinary shares, raising approximately S$929,450 after expenses. The proceeds will be used for general working capital requirements, specifically paying loan principals and interests, aligning with their intended use as previously disclosed. The company plans to keep stakeholders informed with periodic updates on the utilization of these funds.

More about Clearbridge Health Ltd.

Clearbridge Health Limited is a company incorporated in the Republic of Singapore, operating in the healthcare sector. It focuses on providing medical diagnostics and management services, along with healthcare-related investments.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €4.65M

For a thorough assessment of 1H3 stock, go to TipRanks’ Stock Analysis page.

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