Staff Reporter
,
Singapore
Photo Antoni Shkraba via Pexels
The placement agreement was signed with Continental Steel Pte Ltd, one of Southeast Asia’s premier steel suppliers.
Tiong Seng Holdings announced a proposed placement of 20 million new ordinary shares at $0.10 per share, raising a total of $2m.
It said issuance will increase the company’s share capital from 441 million to 461 million shares, with the new shares representing 4.34% of the enlarged share capital.
The placement agreement was signed with Continental Steel Pte Ltd, one of Southeast Asia’s premier steel suppliers known for its sustainability initiatives, including green steel production.
Join
Singapore Business Review
community
Since you're here...
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Let us help you drive your business forward with a good partnership!