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ASL Marine Expands Share Count Post-Warrants
Company Announcements

ASL Marine Expands Share Count Post-Warrants

ASL Marine Holdings Ltd. (SG:A04) has released an update.

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ASL Marine Holdings Ltd. has announced an increase in its issued ordinary shares from 772.6 million to 811.4 million, following the exercise of 38.8 million warrants at S$0.06 each on June 13, 2024. These new shares, which are on par with existing shares, are set to be listed and commence trading on the SGX-ST on June 18, 2024. The company still has over 387 million warrants outstanding, with an exercise deadline of July 23, 2024.

For further insights into SG:A04 stock, check out TipRanks’ Stock Analysis page.

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