Emerging Towns & Cities Singapore Ltd (SG:1C0) has released an update.
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Emerging Towns & Cities Singapore Ltd. is making strides towards resuming trading by implementing strategic changes, including board reconstitution and a significant sale agreement with Grand Ally Investments. The company is also extending its subscription agreements for convertible bonds, aimed at raising S$4.5 million, which will be convertible into nearly 968 million new ordinary shares. These efforts reflect the company’s proactive approach to meet regulatory requirements and enhance its financial stability.
For further insights into SG:1C0 stock, check out TipRanks’ Stock Analysis page.