Geo Energy Resources (RE4) said it obtained approval‐in‐principle from Singapore Exchange Securities Trading Limited on Mar, 10 2026 for the listing and quotation of up to 35 million new ordinary shares to be issued under its proposed private placement.
The company plans to place the shares at 0.425 Singapore dollars each, with the allocation to be completed within seven market days from the approval date.
Geo Energy Resources has given written undertakings to comply with SGX listing rules covering the use of proceeds, minimum issue price and shareholder distribution requirements, while the placement agents have confirmed they will ensure adherence to the same rules and will not allocate shares to prohibited parties.
The exchange emphasised that its approval is not an indication of the merits of the placement, the company, its subsidiaries or its securities.