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Olive Tree Estates Limited ( (SG:1H2) ) has issued an announcement.
Olive Tree Estates Limited announced the utilization of net proceeds from a share placement exercise conducted on December 23, 2022. The funds were allocated towards debt servicing and general working capital, with a significant portion used to meet debt obligations. The company plans to provide updates on the remaining proceeds in future financial statements and reports, ensuring transparency for stakeholders.
More about Olive Tree Estates Limited
Olive Tree Estates Limited is a company incorporated in the Republic of Singapore. It operates in the real estate industry, focusing on managing and developing property assets.
YTD Price Performance: -1.94%
Average Trading Volume: 42,950
Technical Sentiment Signal: Sell
Current Market Cap: S$11.7M
See more data about 1H2 stock on TipRanks’ Stock Analysis page.