Viking Offshore and Marine to change name, diversify business; proposes rights cum warrants issue, share placement
Add BT as a preferred source
Published Mon, Mar 28, 2022 · 09:50 PM
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).
TRENDING NOW
Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
Asean must retain more value as its digital economy races towards US$2 trillion: Indonesian minister
Philippines-Vietnam US$10 billion trade push risks running into rice politics
