Winking Studios has completed the proposed placement of 108,000,000 shares which, upon completion, will take the total number of issued and paid-up shares, excluding treasury shares and subsidiary holdings of the company, to 387,698,275 shares from 279,698,275 shares previously.
The placement shares are expected to be listed and quoted on the Singapore Exchange S68 (SGX) Catalist-board with effect from 9.00 am, on or around July 10.
Shares in Winking closed 0.5 cents lower or 1.79% down at 27.5 cents on July 8.