Total gross proceeds of approximately $8.5 million will be raised from the IPO.
Homegrown total mooring solutions provider Mooreast Holdings has registered its initial public offering (IPO) on the Catalist Board of SGX.
The IPO entails a public offer of 800,000 offer shares at 22 cents each and a placement of 38,050,000 placement shares at 22 cents each, payable in full on application. This brings Mooreast's market capitalisation to $57.0 million.
