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AsiaPhos Limited Rights Issue Sees Strong Uptake

AsiaPhos Limited Rights Issue Sees Strong Uptake

AsiaPhos Limited (SG:5WV) has released an update.

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AsiaPhos Limited has announced the results of its renounceable non-underwritten Rights Issue, with 86.9% of available Rights Shares subscribed, amounting to 448,102,522 shares. The subscription included significant participation from Undertaking Shareholders and their Connected Parties, who now hold a combined 28.2% shareholding in the company.

For further insights into SG:5WV stock, check out TipRanks’ Stock Analysis page.

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