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Sunpower Group Ltd. ( (SG:5GD) ) has issued an announcement.
Sunpower Group Ltd., incorporated in Bermuda, announced the results of its renounceable non-underwritten rights issue of convertible bonds. The rights issue received strong interest, with valid acceptances and excess applications totaling approximately 129.2% of the available S$99,460,767 in principal amount of convertible bonds. This indicates a positive reception from investors and may enhance the company’s capital structure, potentially impacting its market positioning and stakeholder confidence.
More about Sunpower Group Ltd.
YTD Price Performance: -16.00%
Average Trading Volume: 184,721
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$167.1M
See more data about 5GD stock on TipRanks’ Stock Analysis page.