You are here

Cacola to place out S$638,000 in new shares

Thursday, January 5, 2017 - 23:15

CACOLA Furniture International on Thursday said that it would place out S$638,000 worth of new shares to four private investors.

These refer to 142 million new shares at S$0.0045 apiece, with the subscription price representing a premium of about 12.5 per cent to the volume average weighted price of Cacola shares traded on Thursday.

The funds will be used for working capital.

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom