Autagco (SGX:1D3), formerly LifeBrandz Ltd, said it raised SG$485,000 from a convertible loan, fully used for professional fees, according to a Monday filing on the Singapore Exchange.
From a share subscription of SG$472,000, SG$40,000 was allocated for working capital and S$5,000 for business expansion. The remaining balance is SG$427,000.