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Enviro-hub Holdings Ltd Announces Proposed Placement Of 41,000,000 Ordinary Shares


Tuesday, 18 Jun 2013 10:22am EDT 

Enviro-hub Holdings Ltd announced that it has entered into a placement agreement for the purposes of raising capital by way of a placement of 41,000,000 Shares at the placement price of SGD0.11 per Placement Share subject to the terms and conditions of the Placement Agreement. The Company intends to use the net proceeds; to fund further acquisitions as and when such opportunities may arise; to strengthen its working capital; to provide a testament of the confidence in its business development strategy; and to increase the liquidity of the Shares in the market. 

Company Quote

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26 Nov 2014