Katrina Group Issues 3.4 Million Shares Under Warrants Exercise; Shares Surge 4%

MT Newswires

2024/11/07

Katrina Group (SGX:1A0) allotted and issued 3,433,000 shares at an exercise price of SG$0.02 per share, under its warrants exercise, according to a filing with the Singapore Exchange on Wednesday.

Following the issuance of these shares, the company's total number of issued ordinary shares has increased to 238,209,008 shares.

The new shares are expected to be listed and quoted on the Catalist board on Friday.

Shares of the food and beverage company surged nearly 4% in recent trading.

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