Ascent Bridge Raises SG$2.4 Million via Share Placement; Shares of the company rises over 76%

MT Newswires

2024-12-19

Shares of Ascent Bridge (SGX:AWG) rises over 76%.

Ascent Bridge (SGX:AWG) has issued 17.4 million new shares at SG$0.14 each, raising SG$2.4 million, according to a Wednesday filing on the Singapore Exchange.

The issue increased the liquor and beverage distributor's total issued shares to 104.5 million. The new fully paid shares, set to list on Dec. 20, rank equally with existing ones, excluding prior entitlements.

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