Winking Studios (SGX:WKS) raised 7.9 million pounds sterling via share placement as part of its dual listing on the AIM Market of the London Stock Exchange, according to a Thursday release on the Singapore Exchange.
The outsourcing and development company has allotted and issued 52,666,667 new ordinary shares pursuant to the placement.
The company also disclosed the admission of its shares to trading on the AIM Market, with dealings to commence at 8 am UK time today, Nov. 14, the release said.
Winking Studios said the dual listing aims to enhance its market presence, facilitate strategic acquisitions, and broaden its customer base in North America and Europe, the filing said.
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