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An update from GSH ( (SG:BDX) ) is now available.
GSH Corporation Limited has announced the cancellation of its proposed rights issue involving up to S$85,782,764 in convertible bonds. The decision to cancel the rights issue follows a series of strategic financial maneuvers, including a subscription agreement with Capitalwise Global Limited for new ordinary shares and the reallocation of proceeds to repay loans. This move reflects the company’s shift in financial strategy, potentially impacting its capital structure and stakeholder interests.
More about GSH
Average Trading Volume: 754,189
Technical Sentiment Signal: Buy
Current Market Cap: S$382.8M
See more data about BDX stock on TipRanks’ Stock Analysis page.