RH Petrogas (SGX:T13) issued and allotted 200,000 shares at an exercise price of SG$0.150 per share under its share option scheme, according to a Monday filing with the Singapore Exchange.
The shares are expected to be listed and quoted on July 2.
Following the issuance of the new shares, the total number of the shares has increased to 835,917,400.
Shares of the company slumped over 11% in recent trading.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.