FJ Benjamin Holdings Ltd. (SG:F10) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
F J Benjamin Holdings Ltd has announced the complete utilization of the net proceeds from its share placement with Western Properties Pte Ltd, with the final amount being allocated to the general working capital of the group. This move was in line with the intended use and allocations previously disclosed in the company’s circular. The funds were specifically used for the settlement of bank bills, as per the latest financial update.
For further insights into SG:F10 stock, check out TipRanks’ Stock Analysis page.