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Vallianz to get S$7m cash injection from Greatwill Asset
Investment holding company will take up 350m new shares at two Singapore cents apiece to give it 8.9% of enlarged share capital
Add BT as a preferred sourcePublished Mon, Jan 16, 2017 · 09:50 PM
Singapore
BELEAGUERED offshore marine solutions provider Vallianz Holdings is getting a S$7-million cash injection even as it seeks to streamline its operations.
It said in an after-market release on Monday that Greatwill Asset Global Limited, an investment holding company, has committed to subscribing 350 million new shares in Vallianz at two Singapore cents per share.
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