HG Metal Manufacturing Limited (SG:BTG) has released an update.
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HG Metal Manufacturing Limited’s recent renounceable non-underwritten rights issue attracted strong investor interest, with total applications reaching 117.87% of the available shares. The company offered up to 74,254,237 new shares at S$0.266 each, with both valid acceptances and excess applications surpassing expectations. This successful capital raise highlights market confidence in HG Metal’s growth prospects.
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