Hoe Leong (SGX:H20) invested around SG$4 million in HR Crawler through the subscription of around 4 million shares at SG$1 per share, according to a Friday filing with the Singapore Exchange.
The investment was made through the capitalization of an amount of SG$4 million from indirect subsidiary, Hoe Leong Crawler Parts, due from HL Crawler to the company.
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