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TrickleStar Ltd. ( (SG:CYW) ) just unveiled an announcement.
TrickleStar Limited has announced the results of its proposed renounceable non-underwritten rights issue, receiving overwhelming support with valid acceptances and excess applications totaling 205.4% of the available shares. The company plans to allocate excess shares while adhering to Catalist Rules, ensuring no transfer of controlling interest without shareholder approval, which reflects strong stakeholder confidence and positions the company for potential growth.
More about TrickleStar Ltd.
TrickleStar Limited, incorporated in Singapore, operates in the technology sector, focusing on energy efficiency solutions. The company and its subsidiaries offer products designed to reduce electricity consumption, catering to a market increasingly conscious of sustainable energy use.
YTD Price Performance: -3.33%
Average Trading Volume: 161,192
Technical Sentiment Consensus Rating: Buy
Current Market Cap: S$4.4M
Learn more about CYW stock on TipRanks’ Stock Analysis page.