Metrocon (SGX:WYO) completed the placement of 23 million new shares at SG$0.20 each, raising SG$4.6 million, according to a Friday filing.
Following the placement, the company's issued and paid-up share capital increased to 176.9 million shares from 153.9 million.
The new shares are expected to begin trading on the Catalist board Sept. 15.