The Business Times
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Memories Gp placing out shares to keep public float

Placement of up to 50 million new shares at S$0.25 each follows reverse takeover of company

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Published Wed, Dec 27, 2017 · 09:50 PM

Singapore

MEMORIES Group, the former SHC Capital, has launched a compliance placement of up to 50 million new shares at 25 Singapore cents a share.

This comprises up to 42.6 million new shares and the sale of 7.4 million vendor shares.

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