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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.

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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