Eurosports Global (SGX:5G1) completed the issuance and allotment of 26.5 million shares at SG$0.075 per share to Align Auto, according to a Wednesday filing with the Singapore Exchange.
Shares of the dealer of ultra-luxury automobiles surged over 8% in Thursday trading.
The new shares were listed and quoted on June 18, with trading commencing on the same day.
Earlier, the company had agreed with Align Auto for a share subscription deal for proceeds totaling SG$2 million.
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