Cacola to place out S$638,000 in new shares
Published Thu, Jan 5, 2017 · 03:15 PM
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.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Spotify sued over alleged unpaid royalties
Keppel Reit unit obtains 131 billion won loan facility
US: Wall St inches up, set for weekly gains on rate-cut hopes
India's Zee Entertainment reports Q4 profit as advertising demand picks up
Halcyon Agri posts 88.2% rise in Q1 Ebitda
Keppel’s data centres CEO to become senior managing director, M1 CEO to helm connectivity portfolio