SUBSCRIBERS
Jiutian Chemical shares see heavy trading after completing share placement
Published Wed, Oct 28, 2020 · 09:50 PM
Singapore
SHARES of Jiutian Chemical saw heavy trading on Wednesday after the company completed a share placement.
The Catalist-listed firm, which produces coal-based fine chemicals, raised about S$10.3 million on Tuesday through a non-underwritten placement of 170 million new shares at an issue price of 6.03 Singapore cents apiece.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.