SUBSCRIBERS
LionGold to receive investment that will relieve debt
Add BT as a preferred source
Janice Heng
Published Fri, Dec 28, 2018 · 09:50 PM
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
CATALIST-LISTED LionGold Corp, one of the firms involved in the penny stock crash of 2013, is set to receive an investment to help with its outstanding debt, it announced in a Singapore Exchange filing on Friday.
Under a subscription agreement on Dec 28, Yaoo Capital Pte Ltd will subscribe for up to 21.8 billion new ordinary shares in LionGold at the issue price of 0.1 Singapore cent each, equal to the volume weighted average price of its shares on Dec 28.
Copyright SPH Media. All rights reserved.
