Wilton Makmur Says Maxglory to Become New Indirect Controlling Shareholder in Corrected Disclosure
Bitget2026/10/15 01:32- Wilton Makmur Indonesia’s Oct. 15, 2026 correction outlined Maxglory Capital’s planned acquisition of indirect control through Wilton Resources Corporation.
- Under an Oct. 9 placement agreement, Maxglory will subscribe for 1,071,767,735 new Wilton Resources shares at SGD 0.011 each.
- The placement will raise gross proceeds of USD 9.28 million and transfer control of Wilton Resources to Maxglory.
- A convertible bond agreement covers 7,000,000,000 conversion shares at SGD 0.011 each, raising gross proceeds of USD 60.63 million.
- Wilton Resources intends to use proceeds to settle outstanding liabilities, develop the Ciemas Gold Project and provide additional group working capital.
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