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Goodwill Entertainment Completes Share Subscription for Subsidiary

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Goodwill Entertainment Completes Share Subscription for Subsidiary

An announcement from Goodwill Entertainment Holding Limited ( (SG:GEH) ) is now available.

Goodwill Entertainment Holding Limited announced the completion of a subscription agreement through its subsidiary, Yakitori One Pte. Ltd., involving the issuance of 480,000 preference shares and 20,000 ordinary shares. This move results in a new shareholding structure where Goodwill Entertainment retains full control over ordinary shares and voting rights, while preference shares are distributed among various investors, potentially impacting the company’s financial strategy and stakeholder engagement.

More about Goodwill Entertainment Holding Limited

Goodwill Entertainment Holding Limited is a company incorporated in the Republic of Singapore, focusing on entertainment-related ventures. Its primary operations involve managing subsidiaries like Yakitori One Pte. Ltd., which is involved in specific market activities.

YTD Price Performance: -10.53%

Average Trading Volume: 192,319

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

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Questions or Comments about the article? Write to editor@tipranks.com
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