SUBSCRIBERS
Innopac's fund raiser downsized to S$6.1m after investor pulls out
Published Wed, Apr 24, 2019 · 09:50 PM
Singapore
MAINBOARD-listed Innopac Holdings and nine individual investors have further extended to June 30 the long-stop date for the completion of a proposed stock placement, which had to be downsized to S$6.1 million after a second investor pulled out.
The extension was given by way of supplemental letters executed by Innopac and the investors, the investment holding company said in an exchange filing on Wednesday.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Li Auto sales disappoint amid tepid demand for electric cars
CapitaLand Ascendas Reit issues S$300 million green notes due 2034 at 3.73%
Apple slashes iPhone prices in China amid fierce Huawei competition
Gold hits high as Iran shock triggers haven support
Google invests one billion euros in Finnish data centre to drive AI growth
MAS issues 5-year prohibition order against ex-DBS representative for dishonest conduct