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King Wan completes proposed placement of 70 mil shares; raises $3.5 mil

Nicole Lim
Nicole Lim • 1 min read
King Wan completes proposed placement of 70 mil shares; raises $3.5 mil
The total issued and paid-up share capital of the company has increased to 768,353,740 shares. Photo: King Wan
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King Wan Corporation has completed the proposed placement of 70 million new ordinary shares, thereby raising $3.5 million.

The company on Dec 17, 2025, proposed the placement of 70 million new shares for 5 cents per placement share.

Following the completion, the total issued and paid-up share capital of the company, excluding treasury shares and subsidiary holdings, has increased from 698,353,740 shares to 768,353,740 shares.

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