You are here

OKH Global unit issuing S$8m preference shares

Exercise by Chronoz to fund purchase of 15% stake in Pan Asia Logistics Holdings

PROPERTY developer OKH Global says its wholly-owned subsidiary, Chronoz Investment Holdings, will be issuing S$8 million worth of redeemable convertible preference shares, to fund its purchase of a 15 per cent stake in Pan Asia Logistics Holdings Singapore (PAL).

OKH, which announced on

sentifi.com

Market voices on:

Powered by GET.comGetCom