Brief: Soilbuild Construction Announces Proposed Preferential Offering Of Up To 168.2 Mln New Shares

Soilbuild Construction

09/05/2019 15:15

May 9 (Reuters) - Soilbuild Construction Group Ltd
 SOIL.SI :
    * SOILBUILD CONSTRUCTION ANNOUNCES PROPOSED PRO RATA AND
NON-RENOUNCEABLE NON-UNDERWRITTEN PREFERENTIAL OFFERING OF UP TO
168.2 MILLION NEW SHARES OF CO
    * ESTIMATED NET PROCEEDS FROM PREFERENTIAL OFFERING EXPECTED
TO BE
ABOUT S$12.0 MILLION
    * TO USE S$10.0 MILLION OF NET PROCEEDS  FROM OFFERING TO
FUND
EXPANSION OF PONTIAN FACTORY

Source text for Eikon:  urn:newsml:reuters.com:*:nSNZ8r4x86
Further company coverage:  SOIL.SI 

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