tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Olive Tree Estates Utilizes Share Placement Proceeds

Story Highlights
Olive Tree Estates Utilizes Share Placement Proceeds

Meet Your ETF AI Analyst

An update from Olive Tree Estates Limited ( (SG:1H2) ) is now available.

Olive Tree Estates Limited announced the utilization of net proceeds from a share placement exercise conducted on December 23, 2022. The proceeds have been allocated towards debt servicing and general working capital, with a remaining balance of S$1,083,000. The company plans to continue updating stakeholders on the use of these funds in future financial statements and reports.

More about Olive Tree Estates Limited

Olive Tree Estates Limited is a company incorporated in the Republic of Singapore, focusing on real estate and property management services.

Average Trading Volume: 175,040

Technical Sentiment Signal: Buy

Current Market Cap: S$14.02M

For an in-depth examination of 1H2 stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1