Huationg Global (SGX:41B) completed the proposed placement of up to 11.8 million shares at SG$0.6 apiece, according to a Tuesday filing with the Singapore Exchange.
Shares of the civil engineering company were up nearly 1% in Wednesday trading.
The new shares are expected to be listed and quoted on or around Feb. 6, the filing added. Following the issuance of these shares, the total issued and paid-up share capital of the company has increased to around 189 million shares.
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