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Memiontec Holdings Ltd. ( (SG:TWL) ) just unveiled an update.
Memiontec Holdings Ltd. has announced a renounceable non-underwritten rights cum warrants issue, offering up to 440,514,000 rights shares at S$0.009 each and up to 704,822,400 free detachable warrants. This initiative aims to raise capital for the company, potentially impacting its financial structure and market position. The rights shares and warrants will not be offered to foreign shareholders, limiting participation to those within Singapore.
More about Memiontec Holdings Ltd.
Memiontec Holdings Ltd. is a company incorporated in Singapore, operating in the water and environmental industry. It focuses on providing integrated water and environmental management solutions.
YTD Price Performance: 70.0%
Average Trading Volume: 344,096
Technical Sentiment Signal: Sell
Current Market Cap: €16.22M
Learn more about TWL stock on TipRanks’ Stock Analysis page.