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An announcement from Mermaid Maritime Public Co., Ltd. ( (SG:DU4) ) is now available.
Mermaid Maritime Public Company Limited announced the results of its non-renounceable, non-underwritten rights issue, which concluded on June 30, 2025. The company received valid acceptances and excess applications for 477,414,333 rights shares, representing approximately 59.1% of the 807,616,489 rights shares available. This outcome indicates a moderate level of shareholder engagement and could impact the company’s capital structure and future financial strategies.
More about Mermaid Maritime Public Co., Ltd.
Mermaid Maritime Public Company Limited operates in the maritime industry, focusing on providing subsea and offshore drilling services. The company is based in Bangkok, Thailand, and caters to the oil and gas sector, offering specialized services that support exploration and production activities.
Average Trading Volume: 2,926,770
Technical Sentiment Signal: Sell
Current Market Cap: S$158.3M
For a thorough assessment of DU4 stock, go to TipRanks’ Stock Analysis page.