Olive Tree Estates Utilizes SG$5 Million in Proceeds From Share Sale

MT Newswires

2025/05/06

Olive Tree Estates (SGX:1H2) utilized another SG$5.4 million in proceeds raised from a placement activity in 2022, according to a Monday filing with the Singapore Exchange.

The company utilized the amount to service debt and for general working capital needs.

The remaining balance of the net proceeds of around SG$6.9 million now stands at SG$1.5 million.

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