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GKE Corporation Completes S$8.53 Million Share Placement for Expansion

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GKE Corporation Completes S$8.53 Million Share Placement for Expansion

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GKE Corporation Limited ( (SG:595) ) has shared an update.

GKE Corporation Limited has successfully completed an S$8.53 million share placement, issuing approximately 88.12 million new ordinary shares at a discounted price. The funds raised will support the company’s business expansion plans, focusing on its core warehousing and logistics segment, both locally and internationally.

More about GKE Corporation Limited

GKE Corporation Limited is a leading provider of integrated warehousing and logistics solutions, with strategic investments in infrastructural materials and services in China and agriculture business in Singapore.

Average Trading Volume: 2,567,603

Technical Sentiment Signal: Strong Buy

Current Market Cap: S$81.03M

Learn more about 595 stock on TipRanks’ Stock Analysis page.

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