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Innopac's fund raiser downsized to S$6.1m after investor pulls out

Fiona Lam
Published Wed, Apr 24, 2019 · 09:50 PM
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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.

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