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Bromat Holdings

F&B player Bromat issued S$4.5 million worth of convertible redeemable preference shares to Gazelle on Mar 28. The instrument is convertible into 145 million shares in the company.

Companies & Markets

Bromat’s controlling shareholder faces winding-up proceeding by creditor

The group’s board says that the proceeding against Gazelle will not have any material impact on its business

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