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GSH ( (SG:BDX) ) has issued an update.
GSH Corporation Limited has announced the use of proceeds from a proposed subscription, where S$76.3 million out of the net S$111.7 million raised has been utilized primarily for the repayment of shareholder loans and other borrowings. This strategic financial move aligns with the company’s stated plans and is expected to strengthen its financial standing. Additionally, the company updated its interested person transactions, noting no financing costs related to the undertaken 2025 convertible bonds, reflecting a stable financial position with respect to related party transactions.
More about GSH
Average Trading Volume: 754,189
Technical Sentiment Signal: Buy
Current Market Cap: S$382.8M
Find detailed analytics on BDX stock on TipRanks’ Stock Analysis page.