TOTM Tech mentioned that this placement attracted participation from a range of investors, including Lion Global Investors Limited (as investment manager for and on behalf of its clients) and high net worth individuals.
TOTM Technologies Limited (TOTM Tech) (SGX:42F
) announced that it has successfully completed the proposed private placement of 220,520,000 new shares at a placement price of 2.5 cents.
The placement price was placed at a slight discount of around 2.72% to its volume weighted average price as at May 14. The placement shares represent approximately 14.52% of its existing issued share capital.
