HG Metal Advances with New Share Placement
Company Announcements

HG Metal Advances with New Share Placement

HG Metal Manufacturing Limited (SG:BTG) has released an update.

HG Metal Manufacturing Limited has successfully met the conditions for the second tranche of a new share placement, set to raise up to S$13.33 million. The approval from the Competition and Consumer Commission of Singapore clears the company to issue 34,000,000 new shares, following the initial tranche of 16,130,000 shares. This development paves the way for the company to expand its capital base and potentially its market reach.

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

Related Articles
TipRanks Singapore Auto-Generated NewsdeskHG Metal Awaits EGM with No Shareholder Queries
TipRanks Singapore Auto-Generated NewsdeskHG Metal Raises Funds for Working Capital
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App