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An update from JB Foods Ltd. ( (SG:BEW) ) is now available.
JB Foods Limited has announced a proposed renounceable non-underwritten rights issue to raise capital by offering up to 43,314,280 new ordinary shares at S$0.45 each. The rights issue is on a basis of one new share for every seven existing shares, and relevant documents have been dispatched to entitled shareholders, with provisions for those who do not receive them to obtain copies.
More about JB Foods Ltd.
JB Foods Limited is a company incorporated in Singapore, operating in the food industry. It focuses on producing and distributing food products, with a market presence that includes various subsidiaries.
Average Trading Volume: 16,876
Technical Sentiment Signal: Sell
Current Market Cap: S$157.7M
Find detailed analytics on BEW stock on TipRanks’ Stock Analysis page.