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Provider: Reuters Investment Profile
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Kori Holdings Ltd Updates On The Use Of Proceeds From Initial Public Offering


Thursday, 11 Jul 2013 07:49am EDT 

Kori Holdings Ltd updates on the use of the IPO proceeds raised by the Company from the placement of new shares. The Company has utilised approximately SGD1.8 million of the IPO proceeds as follows: for Expansion of the structural steel works and tunnelling services in Singapore, Expansion of the tunnelling services in overseas markets through joint ventures or strategic alliances, Acquisition of land for a new storage yard, General working capital purposes and Listing expenses borne by the Company. 

Company Quote

0.46
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16 Dec 2014