GS Holdings (SGX:43A) allotted and issued 570,888,708 rights shares at an issue price of SG$0.015 per share, according to a Tuesday filing with the Singapore Exchange.
Following the allotment and issuance of the rights shares, the company's share capital has increased to 856,333,062.
Shares of the food and beverage company surged nearly 6% in recent trading.
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