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Willas-Array Electronics (Holdings) Limited ( (SG:BDR) ) has provided an announcement.
Willas-Array Electronics (Holdings) Limited has announced the subscription of 15,000,000 new ordinary shares at a price of HK$2.66 per share, following an agreement with subscribers. The Singapore Exchange Securities Trading Limited has granted the company a listing and quotation notice for these shares on its Mainboard, subject to compliance with listing requirements. This development is expected to enhance the company’s capital base and potentially improve its market position.
More about Willas-Array Electronics (Holdings) Limited
Willas-Array Electronics (Holdings) Limited is a company incorporated in Bermuda with limited liability, listed on both the Hong Kong and Singapore stock exchanges. The company operates in the electronics industry, focusing on the distribution of electronic components and related services.
For a thorough assessment of BDR stock, go to TipRanks’ Stock Analysis page.