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ISDN Holdings Updates on Share Proceeds Utilization

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ISDN Holdings Updates on Share Proceeds Utilization

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ISDN Holdings Limited ( (SG:I07) ) has issued an update.

ISDN Holdings Limited announced the status of its utilization of net proceeds amounting to S$5.3 million from a share subscription agreement. The funds have been allocated primarily towards business development and general working capital, with a significant portion already utilized. The company plans to fully utilize the remaining proceeds by December 2026, with ongoing periodic updates to be provided to shareholders.

The most recent analyst rating on (SG:I07) stock is a Hold with a S$0.50 price target. To see the full list of analyst forecasts on ISDN Holdings Limited stock, see the SG:I07 Stock Forecast page.

More about ISDN Holdings Limited

ISDN Holdings Limited is a company based in Singapore, primarily involved in business development and general working capital management. The company operates through its subsidiaries and focuses on expanding its business operations.

Average Trading Volume: 833,640

Technical Sentiment Signal: Buy

Current Market Cap: S$172.3M

Learn more about I07 stock on TipRanks’ Stock Analysis page.

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