GS Holdings Ltd. (Singapore) (SG:43A) has released an update.
GS Holdings Limited has revised the conversion price of its convertible loan agreement (CLA) with Eliza Investment Pte. Ltd to S$0.0153 per share, a 10% discount to the last traded price on the day before the amendment. The adjustment reflects a significant discount compared to prices earlier in the year and requires shareholder approval for the new share issuances. Shareholders are urged to exercise caution when trading and to seek professional advice as needed.
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