Brief: UMS Holdings Announces Proposed Placement Of Up To 40 Mln New Shares

UMS Integration

26/01/2024 10:30

Jan 26 (Reuters) - UMS Holdings Ltd  UMSH.SI :
    * PROPOSED PLACEMENT OF UP TO 40 MILLION NEW ORDINARY SHARES
IN
CAPITAL OF CO
    * ENTERED A PLACEMENT AGREEMENT WITH CGS-CIMB SECURITIES
(SINGAPORE) PTE LTD
    * PLACEMENT PRICE RANGE OF BETWEEN S$1.28 AND S$1.30 PER
SHARE
    * PLACEMENT FOR MAXIMUM AGGREGATE CONSIDERATION OF UP TO
S$52
MILLION

Source text for Eikon:  ID:nSNbtbHx 
Further company coverage:  UMSH.SI 

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