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Halcyon Agri plans 1-for-2 rights issue to raise S$174.7m

Fiona Lam

Fiona Lam

Published Mon, Jun 22, 2020 · 09:50 PM

Singapore

NATURAL rubber supplier Halcyon Agri Corp on Monday proposed a renounceable non-underwritten rights issue of up to 797.5 million new shares at 22 Singapore cents apiece.

The mainboard-listed firm plans to offer eligible shareholders one rights share for every two existing ordinary shares they hold.

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