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GSH ( (SG:BDX) ) has shared an update.
GSH Corporation Limited has entered into a share subscription agreement with Capitalwise Global Limited, a company known for investing in high-growth opportunities. The agreement involves Capitalwise subscribing to 447,468,880 new ordinary shares at a premium issue price, amounting to S$111,867,220. This move follows GSH’s strategic review to explore blockchain and digital asset opportunities, with a dormant subsidiary set to conduct this new business. The partnership with Capitalwise, which will also provide management services, positions GSH to enhance its market presence in innovative financial ventures.
More about GSH
GSH Corporation Limited operates in the financial and technological sectors, focusing on blockchain infrastructure and digital assets. The company is exploring strategic opportunities in these innovative fields, aiming to capitalize on emerging market trends.
Average Trading Volume: 52,217
Current Market Cap: S$313.4M
For a thorough assessment of BDX stock, go to TipRanks’ Stock Analysis page.