ecoWise Holdings (SGX:5CT) received approval from the Singapore Exchange to list up to 200 million new shares at SG$0.015 apiece and up to 200 million warrants exercisable at SG$0.0165 each, according to a Monday filing on the Singapore Exchange.
The placement, first outlined in a circular dated Aug. 15, includes one warrant for every placement share. The warrants are priced at SG$0.001 and entitle holders to subscribe for new shares at a later date.
The placement shares must be issued within seven market days from the listing notice, which was received on April 11.
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