Miyoshi Limited (SG:M03) has released an update.
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Miyoshi Limited has fully utilized the S$0.28 million from its Rights Issue net proceeds for general working capital purposes, specifically for staff payroll and trade payables. The company has confirmed that the expenditure aligns with the intended uses previously disclosed in its official announcements. This marks a key update in the company’s financial management and strategic capital allocation efforts.
For further insights into SG:M03 stock, check out TipRanks’ Stock Analysis page.