Luminor Financial Issues 5.2 Million Redeemable Preference Shares

MT Newswires

03/13

Luminor Financial (SGX:5UA) SPV, Luminor SPV 1, issued 5.15 million redeemable preference shares worth 1 ringgit per share, according to a Friday filing with the Singapore Exchange.

Proceeds raised from the issuance will be utilized to raise working capital and for the expansion of the company's financial footprint in Malaysia.

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