6 stories mentioning SGX:5AI
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H2G Green (SGX:5AI) issued around 2.5 million shares at SG$0.04 per share, pursuant to the exercise of warrants, according to a Wednesday filing with the Singapore Exchange.The new shares are expected to be listed and quoted on or around June 12, the filing added.
H2G Green's (SGX:5AI) chief executive officer, Pek Hak Bin, stepped down from the role, effective May 31, according to a Monday filing with the Singapore Exchange.Shares of the renewable energy company plunged over 7% in Monday trading.
Singapore shares remained in the red zone on Tuesday, tracking regional losses as investors continued their apprehensive response towards the stalling peace talks between the US and Iran.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,882.01 and 4,930.02 throughout the day. It ended the session at 4,887.69, down 5.04 points or 0.1% compared to Monday's close.On the corporate front, shares of H2G Green (SGX:5AI) surged nearly 17% at the close as its subsidiary, GasHubUnited Utility, commissioned a major liquefied natural gas facility in Singapore.Mooreast (SGX:1V3) zoomed over 12% as its unit, Mooreast Asia, plans to divest a leasehold property in Singapore.Meanwhile, shares of Addvalue Technologies (SGX:A31) closed over 9% lower even though it received new orders worth around $2.9 million for its space connectivity business.
H2G Green's (SGX:5AI) subsidiary, GasHubUnited Utility, commissioned a major liquefied natural gas facility in Singapore, according to a Monday filing with the Singapore Exchange.Shares of the energy solutions company surged nearly 17% in Tuesday trading.The contract was secured from a large-scale laundry provider which operates over 12,000 square meters of production across three plants.The unit will design, construct and commission the facility to support the laundry provider's thermal energy needs.
Singapore shares closed higher on Monday, tracking regional gains as the US continues its push for the second phase of its peace talks with Iran in Islamabad.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,978.66 and 5,012.59 throughout the day. It ended the session at 5,004.07, up 6.14 points or 0.1% compared to Friday's close.Iranian officials are yet to commit their participation ahead of the ceasefire deadline, with mediators eyeing a memorandum of understanding between the two parties.On the corporate front, share of H2G Green (SGX:5AI) surged over 11% at the close, with the company targeting to raise over SG$3.6 million through the subscription of around 516.6 million shares at SG$0.00702 per share to several subscribers.Southern Alliance Mining (SGX:QNS) was up over 2% as it signed a non-binding agreement with Brazilian Critical Minerals (ASX:BCM) to evaluate opportunities for the development and distribution of rare earth products.Meanwhile, CapitaLand Integrated Commercial Trust (SGX:C38U) signed a put-and-call option agreement to sell Asia Square Tower 2 to IOI Marina View for SG$2.48 billion.
H2G Green (SGX:5AI) is targeting to raise over SG$3.6 million through the subscription of around 516.6 million shares at SG$0.00702 per share to several subscribers, according to a Monday filing with the Singapore Exchange.The proposed placement is expected to strengthen the company's financial position and will provide capital for its liquefied natural gas business undertaken by its subsidiary, Gashubunited Utility.Shares of the green energy company surged over 22% in Monday trading.