Vividthree cancels proposed S$1.9m placement

BusinessTimes · 2020-06-30
VIVIDTHREE Holdings is no longer proceeding with a proposed ordinary share placement that was to have given it S$1.9 million in net proceeds, as the working capital available is sufficient to meet its present and projected requirements, the Catalist-listed group said ... The proposed placement - of up to 15.9 million new ordinary shares at a price of at least 12.6 Singapore cents apiece - was meant to strengthen Vividthree’s financial and working capital position ... SEE ALSO Vividthree posts net loss of S$829,063 for FY2020 Stay updated with BT newsletters Sign up By signing up, you agree to our Privacy Policy and Terms and Conditions.

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