Wednesday, November 27, 2013
SP Windsor
SP Windsor: Completed its placement of 24.5m shares @ $0.22 apiece, and the company has met the minimum public float requirement by SGX.
The bulk (70%) of the net proceeds of $5m will be used to fund potential acquisitions, investments and business expansion plans in line with the Group’s business, while the remaining will be used for its working capital.
The counter will resume trading at 9.00a.m. tomorrow.
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