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Viking Offshore and Marine to change name, diversify business; proposes rights cum warrants issue, share placement

Tan Nai Lun

Published Tue, Mar 29, 2022 · 05:50 AM

Singapore

CATALIST-LISTED Viking Offshore and Marine is proposing to change its name amid plans to diversify its business into supply chain management and lifestyle retail.

It is also proposing a rights cum warrants issue, as well as a share placement, to raise funds to strengthen its financial position and expand its capital base, the company said in a bourse filing on Monday (Mar 28).