GSS Energy Limited (SG:41F) has released an update.
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GSS Energy Limited has announced the results of its rights issue, with a subscription level of approximately 71.91%, translating to 436.67 million new shares. Despite falling short of the total 607.22 million shares available, the uptake reflects a significant investor interest in the company’s prospects. This rights issue is a key move in GSS Energy’s strategy to enhance its capital base.
For further insights into SG:41F stock, check out TipRanks’ Stock Analysis page.