Tuesday 11 October 2016

Stock Trading Signals : HLH Group raises $2.25 mil in share placement to Taiwan hedge fund

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SINGAPORE (Oct 12): HLH Group on Tuesday went into a contingent impart membership consent to Taiwan flexible investments Seven Voyagers Capital to issue the last 250 million of its organization's shares for an entirety of $2.25 million. 

At 0.9 pennies for every share, this speaks to a rebate of 10% to HLH Group's volume weighted normal cost of 1 penny for every share as at Monday. 

In a Wednesday explanation, the horticulture and property improvement firm says the gross continues will be utilized for general working capital purposes.

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