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An announcement from ISOTeam Ltd ( (SG:5WF) ) is now available.
ISOTeam Ltd has successfully completed a proposed share placement, issuing 86,158,138 new ordinary shares at a price of S$0.08126 per share. This move increases the company’s total issued shares to 793,400,000, representing a 10.86% increase in its share capital. The new shares are expected to be listed and traded on the Catalist, enhancing the company’s capital base and potentially strengthening its market position.
More about ISOTeam Ltd
ISOTeam Ltd is a company incorporated in the Republic of Singapore, operating in the construction and maintenance industry. It focuses on providing integrated solutions for building maintenance and estate upgrading, catering to both public and private sectors.
Average Trading Volume: 12,624,877
Technical Sentiment Signal: Buy
Current Market Cap: S$60.82M
Learn more about 5WF stock on TipRanks’ Stock Analysis page.