You are here

Sheng Siong plans to place out 120m new shares

Friday, September 5, 2014 - 06:00

IN a move to shore up capital for expansion plans, Sheng Siong Group Ltd has proposed a placement of 120 million new shares at 67 Singapore cents per unit via JP Morgan (SEA) Limited. Announced before trading started on Thursday, the placement is expected to raise gross proceeds of about S$80.4

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