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BTG HG Metal Manufacturing News Story

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Brief: HG Metal Manufacturing Announces Proposed Placement Of Up To 50.1 Mln New Shares

March 25 (Reuters) - HG Metal Manufacturing Ltd
 HGMM.SI :
    * PROPOSED PLACEMENT OF UP TO 50.1 MILLION NEW SHARES
    * ENTERED CONDITIONAL PLACEMENT AGREEMENT WITH GREEN ESTEEL
PTE
    * PLACEMENT OF NEW SHARES TO RAISE UP TO S$13.33 MILLION
    * PROPOSED PLACEMENT AT AN ISSUE PRICE OF S$0.266 PER SHARE

Further company coverage:  HGMM.SI 

 ((Reuters.Briefs@thomsonreuters.com;))

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