HLH Group raises $3.6 mil in share placement to individual investor

SINGAPORE (Aug 23): HLH Group is placing out new shares to an investor to raise $3.6 million for general working capital purposes.

In a filing on Monday evening, HLH said that it has entered into a share subscription with new investor Goi Kok Neng.

HLH will issue 600 million new shares, or 9.7% of its enlarged issued share capital, at 0.6 cent each, which was the closing price on Monday.

---

Related Stories

• Winking Studios' 108 million shares fully subscribed
• Winking completes proposed placement of 108,000,000 shares
• CSE Global raises $24 mil from share placement

---