5E Resources Limited (SG:NLC) has released an update.
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5E Resources Limited, a company listed on the Catalist board of the Singapore Exchange, has announced a reallocation of their net IPO proceeds of S$8.0 million. The reallocation includes funds towards the acquisition of a storage plant for business expansion, capital investment to enhance production, and general working capital. This strategic move aims to bolster the company’s efficiency and growth capabilities.
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