The oversubscription of GS Holdings' rights issue suggests strong investor confidence in the company's future growth. Raising S$8.4 million for expansion and working capital indicates the company is positioning itself for further development, which is typically a positive sign for long-term growth. The proposed acquisition of Octopus Distribution Networks could enhance GS Holdings' market presence, opening up new opportunities.
However, the dilution caused by the additional...
However, the dilution caused by the additional...
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My guess would be a slight downward trend initially, as financial troubles and forced share sales often lead to cautious investor sentiment.However, if the market sees the share sale as a proactive measure to stabilize the company, it could mitigate losses or even result in a slight recovery $MediLifestyle (Z4D.SG)$
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$XRP (XRP.CC)$
Come on baby, love you to death 😘😘😘
Come on baby, love you to death 😘😘😘
Translated
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$GS Hldg (43A.SG)$
This one may turn up to be another Shanaya and Livingstone. Similar rights issue style with major SS undertaking to take up their entitlement and in fact with one of them undertaking to take up the excess not subscribed!
This one may turn up to be another Shanaya and Livingstone. Similar rights issue style with major SS undertaking to take up their entitlement and in fact with one of them undertaking to take up the excess not subscribed!
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Rayyan Matin
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Rayyan Matin
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