MetaOptics seeks to raise $6 mil in gross proceeds via all placement offer

MetaOptics is the next company to list on the Singapore Exchange with an offer to sell 30 million shares in an all placement offering at 20 cents each, raising gross proceeds of $6 million and net proceeds of some $4 million.

With a total base of more than 235.96 million shares, the company will have a market capitalisation of around $47.2 million.