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Sincap Group Ltd. ( (SG:XZB) ) just unveiled an announcement.
Sincap Group Limited, a company incorporated in Singapore, has announced the completion of a proposed subscription and share consolidation. The company has successfully consolidated every 200 existing ordinary shares into one consolidated share, effective April 29, 2025. This strategic move, which includes the subscription of 25,515,000 new ordinary shares by Mr. Teh Wing Kwan at S$0.0294 per share, aims to streamline the company’s capital structure and potentially enhance its market positioning.
More about Sincap Group Ltd.
Current Market Cap: S$8.51M
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