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Eneco Energy ( (SG:R14) ) has provided an announcement.
Eneco Energy Limited has announced the issuance of 300,000,000 new ordinary shares following the exercise of warrants at a price of S$0.009 per share. This move increases the company’s issued share capital to 2,792,860,188 shares and raises its paid-up capital to S$169,552,940.424. The new shares are expected to be listed on the Singapore Exchange by July 17, 2025, and the company now has 1,178,000,000 warrants outstanding. This development reflects an expansion in Eneco Energy’s capital base, potentially enhancing its market position and providing additional resources for future growth.
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 activities related to the exploration, development, and production of energy resources, catering to various market needs.
Average Trading Volume: 12,694,920
Technical Sentiment Signal: Sell
Current Market Cap: S$22.47M
Learn more about R14 stock on TipRanks’ Stock Analysis page.