LHN to raise $2.2 mil through placement of up to 6.5 mil shares in Singapore
Atiqah Mokhtar • • 2 min read
The placement shares will be issued at a price of 33.51 cents per share.
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LHN Group has entered into a placement agreement on June 10 to place up to 6.5 million shares at an issue price of 33.51 cents per share.
According to LHN, which is dual-listed in Hong Kong and Singapore, the placement shares will be allotted and issued in Singapore under its general mandate, meaning it is not subject to shareholder approval.
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