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 886,982,701 to 916,220,201 following the exercise of 29,237,500 warrants. The newly issued shares, priced at S$0.06 each, are set to be listed and commence trading on the SGX-ST on July 2, 2024. This move leaves the company with 282,689,053 outstanding warrants, also with an exercise price of S$0.06, which are due to expire on July 23, 2024.

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