F J Benjamin Plans SGD 609,500 Private Share Placement
Bitget2026/10/25 23:35- F J Benjamin Holdings agreed on October 23, 2026, to privately place 115,000,000 new ordinary shares with three investors.
- The placement price of S$ 0.0053 per share matches the October 21 volume-weighted average price, raising gross proceeds of S$ 609,500.
- Net proceeds of approximately S$ 579,500 will fund the group's general working capital requirements.
- The new shares will represent 7.9% of enlarged share capital, increasing total issued shares to 1,456,313,903.
- Completion remains subject to conditions, including receipt of the Singapore Exchange's listing and quotation notice.
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