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Equity raising

Vividthree raises $2.2 million via placement with sights on NFT market - THE EDGE SINGAPORE

Equity raising

Vividthree raises $2.2 million via placement with sights on NFT market

The investors include Evolve Capital Management; Asdew Acquisitions; and Jin Xin Wealth Management.
China Star Food to raise $12 mil through proposed placement - THE EDGE SINGAPORE

Equity raising

China Star Food to raise $12 mil through proposed placement

500 million new ordinary shares will be issued at 2.4 cents per share.

Equity raising

King Wan rights issue 176.4% subscribed, raises $6.98 mil

The shares will be listed and quoted on the SGX-ST’s Mainboard at 9am on Sept 8.
Grand Venture Technology to raise up to $28.5 mil through placement of 25 mil shares - THE EDGE SINGAPORE

Equity raising

Grand Venture Technology to raise up to $28.5 mil through placement of 25 mil shares

GVT’s controlling shareholder Metalbank Singapore is also placing up to 10 mil shares.
Sim Leisure to raise $3.6 mil through proposed subscription of 17.7 mil new shares - THE EDGE SINGAPORE

Equity raising

Sim Leisure to raise $3.6 mil through proposed subscription of 17.7 mil new shares

The proposed subscription was made to increase the resources available to Sim Leisure for its operational needs.
ESR REIT preferential offering 3.6 times subscribed, raises $49.6 mil  - THE EDGE SINGAPORE

Equity raising

ESR REIT preferential offering 3.6 times subscribed, raises $49.6 mil

The preferential offering follows a private placement in May which raised $100 million.
Olam rights issue 118% subscribed, raises $601.7 mil - THE EDGE SINGAPORE

Equity raising

Olam rights issue 118% subscribed, raises $601.7 mil

482.4 mil shares will be issued at $1.25.
Serial System raises $1.35 mil through placement of 9 mil shares - THE EDGE SINGAPORE

Equity raising

Serial System raises $1.35 mil through placement of 9 mil shares

Serial System intends to use the placement proceeds to invest in new corporate ventures in FinTech.
Olam reports 13.1% lower earnings for 1Q21, announces $601.7 million rights issue - THE EDGE SINGAPORE

Equity raising

Olam reports 13.1% lower earnings for 1Q21, announces $601.7 million rights issue

The rights issues will be fully sub-underwritten by major shareholder Temasek.
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