Winking completes proposed placement of 108 million shares at S$0.25 cents per share.

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 Catalist-board with effect from 9.00 am, on or around July 10.