share placement

SINGAPORE (Dec 1): New Silkroutes Group announced that it is raising up to $25 million in a share placement exercise.

SINGAPORE (Nov 28): Golden Energy and Resources is placng out a maximum of 181 million new shares at 67 cents each to meet listing rules regarding shareholder spread and distribution requirements.

SINGAPORE (Nov 15): Global Yellow Pages announced that its subsidiary, Remarkable Residences, has acquired a plot of 38,400 sqm freehold land in Queenstown, New Zealand for $5.2 million.

SINGAPORE (Oct 24): Equation Summit has agreed to issue a total of 600 million new shares, or 10.5% of its enlarged share capital, at 0.7 cent each to four investors to raise $4.2 million.

SINGAPORE (Oct 12): HLH Group on Tuesday entered into a conditional share subscription agreement with Taiwan hedge fund Seven Voyagers Capital to issue the latter 250 million of its company’s shares for a sum of $2.25 million.

SINGAPORE (Sept 22): Cacola Furniture International will be embarking on a number of new measures to drive growth in  its furniture manufacturing business, following an extensive review of its operations.

SINGAPORE (Aug 30): Healthway Medical Corporation is selling new shares to institutional investors fund its working capital and expansion plans.

SINGAPORE (Aug 23): HLH Group is placing out new shares to an investor to raise $3.6 million for general working capital purposes.