H2G Green Limited (SG:5AI) has released an update.
H2G Green Limited, a Singapore-based company, has announced a rights issue of over 1.4 billion warrants, each providing the right to subscribe for one new ordinary share, at a nominal issue price. The issuance is non-underwritten and renounceable, with the company receiving a listing and quotation notice from the SGX-ST for the warrants and the potential new shares. Shareholder approval is pending and will be sought at an upcoming EGM.
For further insights into SG:5AI stock, check out TipRanks’ Stock Analysis page.