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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.