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Lincotrade Secures S$2.2 Million Through Successful Share Placement

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Lincotrade Secures S$2.2 Million Through Successful Share Placement

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Lincotrade & Associates Holdings Limited ( (SG:BFT) ) just unveiled an update.

Lincotrade & Associates Holdings Limited successfully completed a share placement of 10,000,000 shares at a premium, raising S$2.2 million for working capital. The company’s order book reached a record S$113.0 million with new commercial project wins valued at S$61.0 million, enhancing revenue visibility and expected to positively impact financial results over the next two years.

More about Lincotrade & Associates Holdings Limited

Lincotrade & Associates Holdings Limited is a specialist in interior fitting-out services, focusing on securing commercial projects primarily in Singapore.

Average Trading Volume: 106,892

Technical Sentiment Signal: Buy

Current Market Cap: S$35.27M

See more insights into BFT stock on TipRanks’ Stock Analysis page.

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