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Sinostar PEC Holdings Limited ( (SG:C9Q) ) just unveiled an update.
Sinostar PEC Holdings Limited announced an update on the use of proceeds from its recent rights issue, revealing that the entire amount allocated for business expansion and acquisition remains unutilized. The company has incurred higher than anticipated costs related to the rights issue, impacting the available funds for future projects.
More about Sinostar PEC Holdings Limited
Sinostar PEC Holdings Limited is a company incorporated in Singapore, operating in the industry with a focus on business expansion and acquisitions.
YTD Price Performance: -4.62%
Average Trading Volume: 237,481
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$119M
For detailed information about C9Q stock, go to TipRanks’ Stock Analysis page.