new acquisitions + equity fund raising
![new acquisitions + equity fund raising](https://ussnsimg.moomoo.com/1637631329378-101590178-android-org.jpg/bigmoo)
LAUNCH OF EQUITY FUND RAISING TO RAISE S$700m
Between S$1.860 and S$1.911 for each New Unit under the Private Placement
Between S$1.82 and S$1.87 for each New Unit under the Preferential Offering
Between S$1.82 and S$1.87 for each New Unit under the Preferential Offering
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MauriceThePrince : Meaning issuing of new shares out?
lady on street : do u think process going up after lifted?
snoopee OP MauriceThePrince : yeah, existing holders will get rights (X-date=30-Nov) to buy new shares.. and need to subscribe by 14-Dec
MauriceThePrince snoopee OP : It looks like they need cash flow. Issuing of new shares will
dilute the values of the share price, causing it to drop further?
snoopee OP lady on street : think it may go down slightly coz the private placement shares are at discount ~$1.86..
snoopee OP MauriceThePrince : not really, the new shares is for new acquisitions, not for cashflow..
MauriceThePrince snoopee OP : If that’s the case, can start to queue to bid for $1.86.
MauriceThePrince snoopee OP : What does private placement shares mean?
lady on street MauriceThePrince :![](https://emoticon.futunn.com/rich_big_face/00.png)
MauriceThePrince lady on street : Nice cow you have
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