At the close of the placement at 12 noon on Monday, all 30.08 million shares available under the placement were validly subscribed for with application monies received for the placement shares amounting to $7.8 million.
SINGAPORE (July 2): ST Group Food Industries, the F&B group with brands like PappaRich, Gong Cha and Hokkaido Baked Cheese Tart, says it has successfully sold 37 million new placement and cornerstone shares to raise $9.6 million.
ST Group is selling the new shares at 26 cents each, in conjunction with its listing on the Catalist board of the Singapore Exchange.
