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GSH Corporation Extends Timeline for Share Issuance to Capitalwise

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GSH Corporation Extends Timeline for Share Issuance to Capitalwise

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GSH ( (SG:BDX) ) just unveiled an announcement.

GSH Corporation Limited has announced an extension of time for the completion of its proposed issuance and allotment of 447,468,880 new ordinary shares to Capitalwise Global Limited. This extension is related to the payment of the aggregate consideration of S$111,867,220 for the shares, which was initially agreed upon in a subscription agreement. The extension follows the approval in principle from the Singapore Exchange Securities Trading Limited for the listing of these shares. This move is significant for GSH as it impacts its capital structure and market presence, potentially affecting shareholder value and market perception.

More about GSH

Average Trading Volume: 171,157

Technical Sentiment Signal: Buy

Current Market Cap: S$380.8M

For an in-depth examination of BDX stock, go to TipRanks’ Overview page.

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