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An update from Sinostar PEC Holdings Limited ( (SG:C9Q) ) is now available.
Sinostar PEC Holdings Limited has announced a renounceable non-underwritten rights issue, proposing up to 320 million new ordinary shares at S$0.14 per share. The offer information statement and accompanying documents are now accessible online, reflecting the company’s strategic move to enhance its capital structure amid evolving market conditions.
More about Sinostar PEC Holdings Limited
Sinostar PEC Holdings Limited, incorporated in Singapore, operates in the petrochemical industry. The company focuses on the production and trading of petrochemical products.
YTD Price Performance: 1.54%
Average Trading Volume: 139,192
Technical Sentiment Consensus Rating: Buy
Current Market Cap: S$84.48M
For a thorough assessment of C9Q stock, go to TipRanks’ Stock Analysis page.