Brief: Singapore Edevelopment to convert US$10.5 mln Hengfai Business Development loan to co's capital

Alset International

26/01/2017 13:42

Jan 26 (Reuters) - Singapore Edevelopment Ltd  SINE.SI  
    * Is proposing to convert HBD loan in principal amount of 
US$10.5 million into new shares in capital of co 
    * Shall allot and issue 372.9 million new conversion shares 
at an issue price of S$0.04 for each share 
 
Source text for Eikon:  ID:nSNZ8Sy7bR  
Further company coverage:  SINE.SI  
 
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