Geo Energy Resources to place up to 35 million new shares at S$0.425 each

Reuters

15 hours ago

<a href="https://laohu8.com/S/GEO">Geo</a> Energy Resources to place up to 35 million new shares at S$0.425 each

Geo Energy Resources Limited has entered into a placement agreement with KGI Securities (Singapore) to place up to 35 million new ordinary shares at S$0.425 each, seeking to raise gross proceeds of up to about S$14.9 million. The ununderwritten placement will be conducted without a prospectus under exemptions in Singapore’s Securities and Futures Act, and the company intends to use the estimated net proceeds of about S$14.3 million for working capital. The shares represent about 2.05% of existing issued share capital and are subject to SGX in-principle approval for listing and quotation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Geo Energy Resources Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: C865J9J6FQ1YVZEY) on March 04, 2026, and is solely responsible for the information contained therein.

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ID: C865J9J6FQ1YVZEY) on March 04, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1920062954.HKD","symbol_name":"FIDELITY FUNDS GLOBAL DIVIDEND PLUS \"A\" (HKDHDG) INC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260304:nNDL1M52R5:1","article_id":"2617330560","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2617330560","pubTimestamp":1772667048,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Geo Energy Resources Limited has entered into a placement agreement with KGI Securities  to place up to 35 million new ordinary shares at S$0.425 each, seeking to raise gross proceeds of up to about S$14.9 million. 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The ununderwritten placement will be conducted without a prospectus under exemptions in Singapore’s Securities and Futures Act, and the company intends to use the estimated net proceeds of about S$14.3 million for working capital. The shares represent about 2.05% of existing issued share capital and are subject to SGX in-principle approval for listing and quotation.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Geo Energy Resources Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: C865J9J6FQ1YVZEY) on March 04, 2026, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}