Luminor Financial Holdings Limited ( (SG:5UA) ) has shared an announcement.
Luminor Financial Holdings Limited announced the issuance of RM8.55 million in redeemable preference shares (RPS) through its subsidiary, Luminor Assets Berhad, as part of a larger RM500 million RPS programme. The proceeds will support the LCM Operating Entities’ financial operations and cover associated expenses, potentially strengthening the company’s financial position in its market segments.
More about Luminor Financial Holdings Limited
Luminor Financial Holdings Limited is a company incorporated in Singapore, operating in the financial services industry. It primarily focuses on factoring, secured lending, and consumer financing, with a market focus that includes various financial disbursement requirements.
YTD Price Performance: 0%
Average Trading Volume: 18,186
Technical Sentiment Consensus Rating: Buy
Current Market Cap: S$9.71M
Learn more about 5UA stock on TipRanks’ Stock Analysis page.