Maxi-Cash Financial Services Corp. Ltd. (SG:5UF) has released an update.
Aspial Lifestyle Limited has announced a proposed rights issue of up to 311,843,500 new shares at S$0.12 each, at a ratio of one new share for every five held by existing shareholders. The company received approval for listing these shares on the Catalist Board of the SGX-ST, with further announcements to come regarding the rights issue. The SGX-ST’s approval is not an endorsement of the value of the rights issue or the company.
For further insights into SG:5UF stock, check out TipRanks’ Stock Analysis page.
