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CSE Global ( (SG:544) ) has shared an announcement.
CSE Global Limited has entered into a transaction agreement with Amazon.com, Inc. to issue 62,968,580 new warrants to a wholly-owned subsidiary of Amazon. These warrants allow the holder to purchase ordinary shares of CSE Global at an exercise price of S$0.7671. This strategic move is part of certain commercial agreements between the two companies and represents a potential increase in Amazon’s stake in CSE Global, impacting the company’s share capital and possibly enhancing its market positioning.
The most recent analyst rating on (SG:544) stock is a Buy with a S$1.00 price target. To see the full list of analyst forecasts on CSE Global stock, see the SG:544 Stock Forecast page.
More about CSE Global
CSE Global Limited is a company incorporated in Singapore, operating in the technology sector. It provides a range of products and services, focusing on engineering and integration solutions for industries such as infrastructure, healthcare, and energy.
Average Trading Volume: 6,841,696
Technical Sentiment Signal: Buy
Current Market Cap: S$590.8M
For a thorough assessment of 544 stock, go to TipRanks’ Stock Analysis page.