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KSH Holdings Utilizes Funds from Treasury Share Placement

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KSH Holdings Utilizes Funds from Treasury Share Placement

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KSH Holdings Limited ( (SG:ER0) ) has issued an announcement.

KSH Holdings Limited has successfully completed the placement of 28,900,400 treasury shares, raising net proceeds of S$8,670,120. These funds have been fully utilized for general working capital, specifically for payments to subcontractors and suppliers, aligning with the company’s strategic financial plans.

The most recent analyst rating on (SG:ER0) stock is a Hold with a S$0.50 price target. To see the full list of analyst forecasts on KSH Holdings Limited stock, see the SG:ER0 Stock Forecast page.

More about KSH Holdings Limited

KSH Holdings Limited is a company incorporated in Singapore, primarily operating in the construction industry. The company focuses on construction projects, providing services to subcontractors and suppliers.

YTD Price Performance: 83.33%

Average Trading Volume: 2,193,467

Technical Sentiment Signal: Buy

Current Market Cap: S$216.9M

For detailed information about ER0 stock, go to TipRanks’ Stock Analysis page.

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