5 stories mentioning SGX:40BUpdated 18d ago
Every FINWIRES story that references SGX:40B, newest first.
HealthBank (SGX:40B) signed subscription agreements with three individual investors to place up to 70.3 million shares at SG$.0378 each, raising around SG$2.7 million, according to a Monday filing with the Singapore Exchange.Proceeds raised from the placement will be used to finance new businesses, strategic investments and acquisition and expansion opportunities.
HealthBank Holdings (SGX:40B) suspended trading in Singapore on Monday, according to a same-day filing.The investment holding company requested a trading halt pending the release of an announcement.
HealthBank Holdings (SGX:40B) is currently consulting with the Singapore Exchange Securities Trading regarding its compliance status in connection with a proposed corporate overhaul, according to a Friday bourse filing.The property investment and facilities management services provider is seeking clarity over whether it will be deemed a "cash company" under SGX listing rules following the completion of the sale of its subsidiary, Libre Hospitality Limited, for 9 million yuan.To avoid classification as a cash company, HealthBank is proposing to diversify its group operations into three new business areas.
HealthBank (SGX:40B) agreed to sell its China property subsidiary, Libre Hospitality, for 9 million yuan, according to a Monday filing with the Singapore Exchange.Libre has an 8% stake in the Atlantis Garden Project in Hainan, China, which has been stalled for a while.Additionally, the company is looking to diversify into three business areas to increase its revenue stream.The property development company will utilize proceeds from the disposal towards coconut plantation, medical supplies, and oil and gas trading businesses.
HealthBank (SGX:40B) allotted and issued nearly 31.7 million shares at SG$0.0378 per share under a share placement exercise, according to a Tuesday filing with the Singapore Exchange.Following the issuance, the company's share capital has increased to 141.5 million shares.The new shares will be listed and quoted on April 16, the filing added.
