Koon Holdings Ltd: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Provider: Wright Reports
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Koon Holdings Ltd Announces Use Of Proceeds From The Rights Issue
Koon Holdings Ltd announced that in reference to the Company's announcements made on August 1, 2012; August 22, 2012; October 24, 2012; October 25, 2012; and November 29, 2012 relating to the Non-Renounceable Non-Underwritten Rights Issue, SGP 17,000,000 (out of SGP 18,386,788 from the Rights Issue) has been used to fund the payment of the consideration for the Acquisition. Consequently, the remaining balance of the net proceeds (SGP 18,386,788) amounts to approximately SGP 1,386,788, which will be used for the general working capital purposes of the Company.
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