FINWIRES · TerminalLIVE
FINWIRES

Mencast to Issue SG$3 Million Worth of Bonds to Economic Development Innovations Singapore

-- Mencast (SGX:5NF) said it will issue unsecured convertible bonds worth SG$3 million to Economic Development Innovations Singapore, according to a Friday filing with the Singapore Exchange.

The bonds can be converted into new fully paid-up ordinary shares of the company, the filing said.

Proceeds raised from the issuance will be utilized for business transformation initiatives and for working capital needs.

相关文章