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Singapore Medical Group Ltd announces results of the rights issue


Monday, 3 Feb 2014 09:29am EST 

Singapore Medical Group Ltd:Says that as at the close of the Rights Issue on Jan. 28, valid acceptances and excess applications for a total of 135,831,017 Rights Shares were received.Says based on the existing issued share capital of 145,736,000 Shares as at the Books Closure Date, a total of 72,868,000 Rights Shares were available for issue.Says the valid acceptances and excess applications represent approximately 186.4% of the total number of Rights Shares available for subscription under the Rights Issue.Says the net proceeds from the Rights Issue, after deducting estimated expenses of approximately S$250,000 incurred in connection with the Rights Issue, is approximately S$7,400,000. 

Company Quote

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17 Apr 2015