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ISOTeam Ltd Proposes S$3 Million Convertible Bond Placement

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ISOTeam Ltd Proposes S$3 Million Convertible Bond Placement

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ISOTeam Ltd ( (SG:5WF) ) has provided an announcement.

ISOTeam Ltd has announced the entry into subscription agreements for a proposed placement of convertible bonds worth up to S$3,000,000. The bonds will not lead to a change in controlling interest and are not placed with directors or substantial shareholders, ensuring compliance with Catalist Rules. The placement is subject to conditions precedent, and the company advises shareholders to exercise caution.

More about ISOTeam Ltd

ISOTeam Ltd, incorporated in Singapore, operates in the construction and maintenance industry, offering services such as building maintenance, estate upgrading, and interior design. The company focuses on sustainable solutions and has a market presence in Singapore and the surrounding region.

Average Trading Volume: 12,630,347

Technical Sentiment Signal: Buy

Current Market Cap: S$62.24M

Find detailed analytics on 5WF stock on TipRanks’ Stock Analysis page.

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