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Dezign Format Group Limited ( (SG:UZF) ) has shared an update.
Dezign Format Group Limited announced the allocation of net proceeds amounting to approximately S$4.8 million from its recent IPO on the Catalist board of the Singapore Exchange. The funds are being utilized for expanding immersive LBE offerings, strategic business expansions, and general corporate purposes. The company has spent S$330,000 on expanding its LBE offerings and S$640,000 on working capital, with plans to continue updating stakeholders on the use of remaining funds.
More about Dezign Format Group Limited
Dezign Format Group Limited, incorporated in Singapore, operates in the immersive location-based entertainment (LBE) industry. The company focuses on expanding its offerings and partnerships within this sector, as well as pursuing joint ventures, investments, and strategic alliances that complement its existing business segments.
Average Trading Volume: 1,370,554
Learn more about UZF stock on TipRanks’ Stock Analysis page.