Including the placement shares, CSE Global’s share base has been enlarged by 9.71% to approximately 678.11 million shares.
CSE Global (SGX:544
) has raised a total gross proceeds of $24 million from its share placement of 60 million new ordinary shares, attracting strong demand from institutional and accredited investors.
The issue price per share for the placement shares was 40 cents, representing a discount of approximately 6.6% to the volume weighted average price of 42.81 cents per share on March 13, the last full market day preceding the date the placement agreement for the share placement was signed.
