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Skylink Holdings Secures Strong Investor Backing for Acquisition and Bond Issue

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Skylink Holdings Secures Strong Investor Backing for Acquisition and Bond Issue

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Sincap Group Ltd. ( (SG:XZB) ) has provided an update.

Skylink Holdings Limited has announced updates on its proposed acquisition of Skylink APAC Pte. Ltd., alongside a compliance placement and convertible bond issue. The company has successfully placed shares with prominent investors, raising a total of S$4.2 million from the placement and securing S$5 million through convertible bonds, indicating strong investor confidence and potential for growth.

More about Sincap Group Ltd.

Skylink Holdings Limited, formerly known as Sincap Group Limited, is a company incorporated in Singapore. It focuses on strategic acquisitions and financial ventures, aiming to enhance its market presence and operational capabilities.

Technical Sentiment Signal: Sell

Current Market Cap: S$8.51M

Find detailed analytics on XZB stock on TipRanks’ Stock Analysis page.

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