ASL Marine Expands Share Capital Post-Warrants

ASL Marine Holdings Ltd. (SG:A04) has released an update.

ASL Marine Holdings Ltd. has announced an increase in its issued ordinary shares following the exercise of 33,951,375 warrants, resulting in the issue of the same number of new shares at S$0.06 each. These new shares are on par with existing ones and will be listed for trading on the SGX-ST from 9:00 a.m., June 3, 2024. Post-exercise, 472,484,713 warrants remain outstanding, set to expire on July 23, 2024.

For further insights into SG:A04 stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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