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Shanaya Limited Extends Long-Stop Date for Share Subscription Amidst Geopolitical Tensions

Story Highlights
  • Shanaya Limited extends the Long-Stop Date for share subscription due to tensions in Israel.
  • Shareholders cautioned as subscription completion remains uncertain despite extension.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Shanaya Limited Extends Long-Stop Date for Share Subscription Amidst Geopolitical Tensions

Elevate Your Investing Strategy:

An update from Shanaya Limited ( (SG:SES) ) is now available.

Shanaya Limited has announced an extension of the Long-Stop Date for its proposed subscription of 96,000,000 new ordinary shares due to ongoing tensions in Israel affecting the subscriber’s ability to meet certain conditions. This extension allows additional time for the completion of the subscription, with all other terms of the agreement remaining unchanged. Shareholders are advised to exercise caution as there is no certainty that the subscription will be completed.

More about Shanaya Limited

Shanaya Limited is a company incorporated in Singapore, operating with a group of subsidiaries. The company is involved in the issuance of shares and other financial activities.

Average Trading Volume: 318,659

Technical Sentiment Signal: Strong Sell

Current Market Cap: S$9.25M

For a thorough assessment of SES stock, go to TipRanks’ Stock Analysis page.

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