Soilbuild Construction Group Ltd. (SG:S7P) has released an update.
Soilbuild Construction Group Ltd. has successfully concluded the exercise of warrants, with a substantial 98.3% of them exercised, resulting in proceeds of approximately S$13.3 million. The controlling shareholder and Executive Chairman, along with the Executive Director and Group CEO, fully exercised their issued warrants, indicating strong insider confidence. This exercise demonstrates the company’s ability to raise additional funds and reflects positively on its financial prospects.
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