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