ValueMax (SGX:T6I) allotted and issued 40,000 shares upon exercise of the same number of warrants at an exercise price of SG$0.36 apiece on Friday, according to a filing with the Singapore Exchange on Monday.
Accordingly, the number of issued ordinary shares of the pawnbroking company has increased to 868,487,471.
The new shares will be listed on Feb. 18.
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