Sinostar PEC Holdings Limited ( (SG:C9Q) ) has provided an update.
Sinostar PEC Holdings Limited announced the results of its renounceable non-underwritten rights issue, revealing that 66.46% of the available 320,000,000 Rights Shares were subscribed. The shortfall of 107,316,546 Rights Shares will be subscribed by Intelligent People, as per their undertaking, ensuring full subscription of the issue.
More about Sinostar PEC Holdings Limited
Sinostar PEC Holdings Limited is a company incorporated in Singapore, operating in the petrochemical industry. The company, along with its subsidiaries, focuses on producing and supplying petrochemical products.
YTD Price Performance: 6.92%
Average Trading Volume: 244,871
Technical Sentiment Consensus Rating: Hold
Current Market Cap: S$88.96M
Find detailed analytics on C9Q stock on TipRanks’ Stock Analysis page.