GKE (SGX:595) completed the placement of 88.1 million shares at SG$0.0968 per share, according to a Friday filing with the Singapore Exchange.
This comes after the company confirmed in an earlier filing that it is looking to raise around SG$8.5 million through the placement of up to about 88.1 million shares at SG$0.0968 per share.
Shares of the company were down nearly 3% at the close of trading on Friday.
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