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Zixin Group Raises S$2.38 Million From Exercise of Share Options

Story Highlights
  • Zixin Group raised S$2.38 million as three investors exercised options to subscribe for 79.33 million new shares at S$0.030 each.
  • The company’s share capital rose to about 2.01 billion shares, with the new Catalist-listed shares ranking pari passu and slightly diluting existing holders.
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Zixin Group Raises S$2.38 Million From Exercise of Share Options

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Zixin Group ( (SG:42W) ) has shared an update.

Zixin Group Holdings has increased its issued share capital following the exercise of company options by three investors under a previously announced share option agreement. The investors subscribed for a total of 79,333,333 new shares at an exercise price of S$0.030 per share, raising S$2.38 million in cash consideration for the company.

Following this allotment, Zixin Group’s total shares outstanding rose from 1,931,133,242 to 2,010,466,575, and its issued and paid-up capital increased from S$220.3 million to S$222.7 million. The newly issued shares will rank pari passu with existing shares, except for certain prior entitlements, and are expected to be listed and quoted on the Catalist Board from 5 March 2026, modestly diluting existing shareholders while strengthening the company’s equity base.

More about Zixin Group

Zixin Group Holdings Limited is a Singapore-listed company operating through various subsidiaries under a group structure. Its shares are quoted on the Catalist Board, positioning the firm within the small to mid-cap segment of the local equity market and providing access to capital through equity issuances and share option schemes.

Average Trading Volume: 6,824,222

Technical Sentiment Signal: Sell

Current Market Cap: S$59.87M

For a thorough assessment of 42W stock, go to TipRanks’ Stock Analysis page.

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