share placement

SINGAPORE (May 6): GKE Corporation is looking to raise some $7 million by issuing out 100 million new ordinary shares of the company at 7 cents per placement share to fund its expansion plans.

SINGAPORE (Apr 15): On April 4, Uni-Asia Group raised $5.85 million through the issue of 5.42 million shares at $1.08 apiece. The placees are entitled to a dividend per share of 6.25 cents and a special dividend of 0.75 cent announced on March 1 for FY201

SINGAPORE (Dec 15): Interra Resources is placing out 79.5 million shares at 5.9 cents per share to China ZhenHua Oil’s wholly-owned subsidiary, North Petroleum International, for approximately $4.7 million.  

SINGAPORE (Oct 17): A-Smart Holdings is issuing 7.15 million new shares at 70 cents each to raise $5 million to fund its new business ventures in East Timor.

SINGAPORE (Aug 16): OLS Enterprise, which recently completed the acquisition of its own financier, plans to raise $3.6 million for working capital needs by placing out new shares to five new investors.

SINGAPORE (May 12): Oil explorer Loyz Energy has announced earnings of US$0.3 million ($0.4 million) for 3Q17, reversing from the US$18.2 million loss posted in the same period a year ago.

SINGAPORE (March 24): ZICO Holdings, the integrated network of professional service firms, intends to issue 15 million new shares -- representing 5.01% of the company’s enlarged share capital -- at 27 cents each to raise $4.05 million.

SINGAPORE (Jan 27): Infinio Group said it entered into an agreement on Thursday to sell 180 million new shares at 0.1 cent each to Advance Opportunities Fund I.

SINGAPORE (Jan 17): DBS Vickers Securities is maintaining its “buy” rating on SIIC Environment Holdings following news of its upcoming share placement.

SINGAPORE (Jan 16): SIIC Environment Holdings is placing out 350 million new shares at 63 cents to controlling shareholder Shanghai Industrial Holdings (SIHL) and its nominee Triumph Power Limited (TPL).