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Sim Leisure to raise S$3.6m through sale of new shares
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Published Thu, Sep 2, 2021 · 09:50 PM
Singapore
THEME park operator and developer Sim Leisure Group on Wednesday said it plans to sell new ordinary shares to two of its controlling shareholders at a discount of 5.9 per cent, to raise S$3.6 million.
One of the subscribers is the company's non-independent non-executive director Tan Boon Seng. His stake will increase to 26.95 per cent of the enlarged share capital, from 18.18 per cent if the proposed share subscription is completed.
