Clearbridge Health (SGX:1H3) received conversion notices from outstanding bondholders after which each holder converted the entirety of bonds into conversion shares at SG$0.0031 per share, according to a Friday filing with the Singapore Exchange.
Following the receipt of the notice and the listing and quotation notice, the proposed issue has been completed, with 1,137,096,769 conversion shares issued and allotted to outstanding bondholders.
The conversion shares are expected to be listed and quoted on the Catalist Board on May 6 with trading to commence on the same day.
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