An update from Sincap Group Ltd. ( (SG:5UN) ) is now available.
Sincap Group Ltd. has announced a proposed subscription of 25,515,000 new ordinary shares by Mr. Teh Wing Kwan at a price of S$0.0294 per share, alongside a share consolidation plan. The investment, which includes working capital loans and guarantees, aims to address compliance issues and facilitate the resumption of trading, ultimately strengthening the company’s financial position and market presence.
More about Sincap Group Ltd.
Sincap Group Ltd., incorporated in Singapore, operates in the investment sector, focusing on strategic partnerships and corporate planning to enhance its market position and ensure the continued listing of its shares.
Current Market Cap: S$8.51M
For a thorough assessment of 5UN stock, go to TipRanks’ Stock Analysis page.