Mermaid Maritime Public Company Utilizes Proceeds

MT Newswires

08/15

Mermaid Maritime Public Company (SGX:DU4) utilized around SG$30.6 million in net proceeds for general corporate and working capital needs, according to a Thursday filing with the Singapore Exchange.

Shares of the company were down nearly 1% in Friday trading.

The remaining balance of the proceeds is SG$25.7 upon recent consumption.

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