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Shareholders of Asia-Pacific Strategic Investments support rights issue for new property business

PC Lee Published on Fri, Dec 08, 2017 / 7:38 AM GMT+8

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SINGAPORE (Dec 8): Asia-Pacific Strategic Investments’ (APSIL) proposed new business of property development has taken a step closer to reality.

This comes after shareholders fully supported its 2-for-1 rights cum warrants issue at the Extraordinary General Meeting held on Wednesday.

Assuming the full conversion of its existing warrants, the issued ordinary share capital of APSIL will be approximatley 7.3 billion shares.

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