An update from Ascent Bridge Limited ( (SG:AWG) ) is now available.
Ascent Bridge Limited has announced a potential voluntary conditional general offer from MTBL Global Holdings Pte Ltd to acquire all issued and paid-up ordinary shares at S$0.20 per share, subject to certain conditions. Additionally, the company is expediting regulatory approvals for a proposed rights issue of up to 87,072,231 new ordinary shares at S$0.24 each, aimed at strengthening its financial position.
More about Ascent Bridge Limited
Ascent Bridge Limited is a company incorporated in Singapore, operating with its subsidiaries as a group. It is currently on the watch-list under the financial entry criteria of the Singapore Exchange Securities Trading Limited.
YTD Price Performance: 113.16%
Average Trading Volume: 12,422
Technical Sentiment Signal: Sell
Current Market Cap: S$42.32M
See more insights into AWG stock on TipRanks’ Stock Analysis page.