Thakral explains that this latest transaction will enhance its free float and broaden its shareholder base, to include institutional investors as well.
Thakral (SGX:AWI
) has raised $4.26 million through the sale of 2,367,500 treasury shares at a price of $1.80, which represents a 1.89% shareholding in the company.
ICH Synergrowth Fund has acquired 1,267,500 shares while the remaining 1.1 million shares were acquired by Lion Global Investors.
