tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

TrickleStar Limited Updates on Rights Issue Proceeds Utilization

Story Highlights
TrickleStar Limited Updates on Rights Issue Proceeds Utilization

TipRanks Cyber Monday Sale

TrickleStar Ltd. ( (SG:CYW) ) just unveiled an update.

TrickleStar Limited, a company incorporated in Singapore, recently completed a renounceable non-underwritten rights issue, raising net proceeds of approximately S$0.806 million after expenses. The company has utilized S$427,000 of these proceeds for general corporate and working capital purposes, leaving a balance of S$379,000. This financial maneuver aligns with the company’s previously disclosed plans, potentially strengthening its operational capabilities and market position.

The most recent analyst rating on (SG:CYW) stock is a Hold with a S$0.03 price target. To see the full list of analyst forecasts on TrickleStar Ltd. stock, see the SG:CYW Stock Forecast page.

More about TrickleStar Ltd.

Average Trading Volume: 3,847,338

Technical Sentiment Signal: Sell

Current Market Cap: S$4.79M

Learn more about CYW stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1