HG Metal Manufacturing Limited (SG:BTG) has released an update.
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HG Metal Manufacturing Limited has announced a renounceable non-underwritten rights issue, offering up to 74,254,237 new ordinary shares at S$0.266 each. This move allows shareholders to purchase additional shares at a discounted price, potentially increasing their investment in the company. The company has dispatched the necessary documents to entitled shareholders, facilitating their participation in the rights issue.
For further insights into SG:BTG stock, check out TipRanks’ Stock Analysis page.