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PR Newswire
18-11-2013, 04:45 PM
I started a new thread on this company. The company share price is only around 10 cents, 6 months ago. The market price now is 62 cents.
The institutional investor is Havenport Asset Management Pte. Ltd. It's web site is http://www.havenportasset.com/
I am yet to dig into the company fundamentals. Anyone vested?
(not vested)
CHINA ENVIRONMENT RAISES S$ 17.05 MILLION THROUGH INSTITUTIONAL PLACEMENT
Highlights:
- Institutional placement issued at S$0.55 per share for 31 million shares (4.2% of enlarged capital) of the Company.
- Use of proceeds mainly to fund working capital to capture rapidly rising demand for the Group’s waste gas treatment products and solutions.
- Ready capacity to meet rising demand as the recently completed production plant in Anhui increases the Group’s capacity by 400%.
Ref: http://infopub.sgx.com/FileOpen/CEL_Priv...eID=264735
The institutional investor is Havenport Asset Management Pte. Ltd. It's web site is http://www.havenportasset.com/
I am yet to dig into the company fundamentals. Anyone vested?
(not vested)
CHINA ENVIRONMENT RAISES S$ 17.05 MILLION THROUGH INSTITUTIONAL PLACEMENT
Highlights:
- Institutional placement issued at S$0.55 per share for 31 million shares (4.2% of enlarged capital) of the Company.
- Use of proceeds mainly to fund working capital to capture rapidly rising demand for the Group’s waste gas treatment products and solutions.
- Ready capacity to meet rising demand as the recently completed production plant in Anhui increases the Group’s capacity by 400%.
Ref: http://infopub.sgx.com/FileOpen/CEL_Priv...eID=264735
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