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Eneco Energy Expands Share Capital with New Issuance

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Eneco Energy Expands Share Capital with New Issuance

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Eneco Energy ( (SG:R14) ) just unveiled an update.

Eneco Energy Limited has announced the issuance and allotment of 180,000,000 new ordinary shares following the exercise of warrants, increasing its issued share capital to 2,492,860,188 shares. This strategic move is expected to enhance the company’s financial standing and market presence, with the new shares set to be listed on the Singapore Exchange on June 27, 2025, reflecting a positive outlook for stakeholders.

More about Eneco Energy

Eneco Energy Limited, incorporated in Singapore, operates in the energy sector, focusing on providing energy solutions and services. The company is engaged in the development and management of energy resources and infrastructure.

Average Trading Volume: 6,474,148

Technical Sentiment Signal: Sell

Current Market Cap: S$20.85M

For a thorough assessment of R14 stock, go to TipRanks’ Stock Analysis page.

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