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TA Corporation Ltd. ( (SG:PA3) ) has shared an announcement.
TA Corporation Ltd., a Singapore-based property and construction group listed on the SGX Mainboard, continues to manage its capital structure through equity and convertible instruments. The Group’s activities include working with liquidators of its construction subsidiary as it navigates restructuring and listing requirements.
The company has allotted and issued 70,006,380 new ordinary shares following the conversion of TAC Convertible Notes, at a conversion price of S$0.073 per share. This conversion, held via Phillip Securities on behalf of the liquidators of Tiong Aik Construction, increases TA Corporation’s issued share capital from 521,525,200 to 591,531,580 shares, with the new shares ranking pari passu and expected to commence trading on 12 March 2026 on the SGX Mainboard.
More about TA Corporation Ltd.
TA Corporation Ltd. is a Singapore-incorporated group with interests in property and construction, operating through subsidiaries including Tiong Aik Construction Pte Ltd. The company is listed on the Mainboard of the Singapore Exchange and issues ordinary shares as part of its capital management and financing activities.
Average Trading Volume: 442,240
Technical Sentiment Signal: Buy
Current Market Cap: S$53.2M
Learn more about PA3 stock on TipRanks’ Stock Analysis page.