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Prospera Global Updates on Share Placement Proceeds Utilization

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Prospera Global Updates on Share Placement Proceeds Utilization

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The latest update is out from Sinjia Land Limited ( (SG:5HH) ).

Prospera Global Limited has announced the utilization of proceeds from its 2024 Share Placement. The company allocated S$2,491,945 for working capital and business expansion, with S$2,291,945 used for manpower, professional fees, and administrative expenses, and S$200,000 for its Mauritius subsidiary’s license application and marketing. This allocation aligns with the company’s intended use of funds.

More about Sinjia Land Limited

Average Trading Volume: 1,590,297

Technical Sentiment Signal: Buy

Current Market Cap: S$17.39M

Find detailed analytics on 5HH stock on TipRanks’ Stock Analysis page.

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