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Luminor Financial Holdings Limited ( (SG:5UA) ) has issued an update.
Luminor Financial Holdings Limited announced the issuance of RM2.75 million redeemable preference shares (RPS) through its subsidiary, Luminor Assets Berhad, as part of a larger RM500 million RPS programme. The proceeds from this issuance will support the company’s operating entities in their disbursement needs and cover related expenses, potentially enhancing Luminor’s market position in financial services.
More about Luminor Financial Holdings Limited
Luminor Financial Holdings Limited, incorporated in Singapore, operates in the financial services industry. The company focuses on factoring, secured lending, and consumer financing businesses, primarily through its subsidiaries.
YTD Price Performance: -3.33%
Average Trading Volume: 3,708
Technical Sentiment Signal: Buy
Current Market Cap: S$9.71M
For detailed information about 5UA stock, go to TipRanks’ Stock Analysis page.