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Ascent Bridge^

0.405

+0.000

Volume:51.00K

Turnover:20.25K

Market Cap:43.34M

PE:-9.12

High:0.405

Open:0.395

Low:0.395

Close:0.405

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Overview Company News Filings

Ascent Bridge's Subsidiary Enters into Service Cooperation Agreement with Guizhou Qianfeng Yintong Investment

Ascent Bridge Uses SG$422,000 Placement Proceed for Working Capital

Ascent Bridge Unit Enters into Collaboration with Jiugui Liquor; Shares Surge 12%

Ascent Bridge to Begin Quarterly Financial Reporting from Q4 Fiscal Year 2026

Ascent Bridge Sells Treasury Shares for SG$421,288

Ascent Bridge Receives Voluntary Conditional General Offer from MTBL Global Holdings

Insiders Of Ascent Bridge Reap Rewards After Their Investment Jumps Another S$1.3m

Simply Wall St.

Ascent Bridge Completes Loan Repayment via Share Placement

Ascent Bridge Insider Ups Holding During Year

Simply Wall St.

Ascent Bridge Raises SG$2.4 Million via Share Placement; Shares of the company rises over 76%

Ascent Bridge Receives Approval In-Principle for Listing of Placement Shares

Sino Grandness Food Industry Poaches Ascent Bridge CFO

Ascent Bridge Names New CFO

Ascent Bridge CFO Steps Down

BRIEF-Ascent Bridge Announces Resignation Of Guo Jie As CFO

Ascent Bridge Extends Proposed Placement's Long-Stop Date to Dec. 16

Ascent Bridge Expects Loss for H1 FY25 Due to Declining Sales

Ascent Bridge Secures SG$2 Million Bridging Loan

Ascent Bridge expects loss for 1HFY2025 in profit guidance

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Bridge's Subsidiary Enters into Service Cooperation Agreement with Guizhou Qianfeng Yintong Investment","url":"https://stock-news.laohu8.com/highlight/detail?id=2528085809","media":"MT Newswires","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2528085809?lang=en_us&edition=fundamental","pubTime":"2025-04-18 11:09","pubTimestamp":1744945751,"startTime":"0","endTime":"0","summary":"Ascent Bridge's  wholly owned subsidiary, Shenzhen MTBL Global Technology, entered into a YiFangHe Mall\" Non-Tobacco Product Supply Chain Platform Service Cooperation Agreement with Guizhou Qianfeng Yintong Investment.Under the agreement the two companies will promote the development and operation of the YiFangHe Mall platform, according to a Thursday filing with the Singapore Exchange.MTBL Global Technology has obtained exclusive overseas distribution rights for Moutai Bualo 125ml and cover across 32 duty-free and duty-paid markets worldwide.Under the cooperation, the two parties will utilize a network of over 55,000 licensed tobacco retailers in Shenzhen and provide them relevant services, including sales, supply chain management, brand promotion and logistics support.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK6068","AWG.SI","BK6507","BK6080"],"gpt_icon":0},{"id":"2521278106","title":"Ascent Bridge Uses SG$422,000 Placement Proceed for Working Capital","url":"https://stock-news.laohu8.com/highlight/detail?id=2521278106","media":"MT Newswires","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2521278106?lang=en_us&edition=fundamental","pubTime":"2025-03-24 06:21","pubTimestamp":1742768506,"startTime":"0","endTime":"0","summary":"Ascent Bridge  said it used SG$422,000 of the SG$2.4 million raised from a recent share placement for working capital, according to a Friday filing on the Singapore Exchange.The funds covered SG$81,000 in directors' fees, SG$301,000 in supplier payments, SG$38,000 in rental expenses, and SG$2,000 in other costs.The company has SG$1.6 million remaining from the proceeds.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK6068","AWG.SI","BK6507"],"gpt_icon":0},{"id":"2512128325","title":"Ascent Bridge Unit Enters into Collaboration with Jiugui Liquor; Shares Surge 12%","url":"https://stock-news.laohu8.com/highlight/detail?id=2512128325","media":"MT Newswires","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512128325?lang=en_us&edition=fundamental","pubTime":"2025-02-19 13:19","pubTimestamp":1739942354,"startTime":"0","endTime":"0","summary":"Ascent Bridge  wholly owned subsidiary, Ascent Bridge Singapore, entered into a collaboration with Jiugui Liquor, a subsidiary of COFCO Group, according to a filing with the Singapore Exchange on Tuesday.Through the partnership, the two brands will bring the premium Chinese Baijiu to the international market. The co-branded launch will be exclusively available in duty-free stroes at major international airports.Shares of the liquor company surged nearly 12% in recent trading.Price : S$0.34, Change: S$+0.035, Percent Change: +11.67%","market":"sg","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"Ascent Bridge Unit Enters into Collaboration with Jiugui Liquor; Shares Surge 12%","news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK6507","BK6068","AWG.SI"],"gpt_icon":0},{"id":"2511309385","title":"Ascent Bridge to Begin Quarterly Financial Reporting from Q4 Fiscal Year 2026","url":"https://stock-news.laohu8.com/highlight/detail?id=2511309385","media":"MT Newswires","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2511309385?lang=en_us&edition=fundamental","pubTime":"2025-02-13 08:22","pubTimestamp":1739406163,"startTime":"0","endTime":"0","summary":"Ascent Bridge  will begin quarterly financial reporting from the fourth quarter of its 2026 financial year, covering the period from Jan. 1 to March 31, 2026, according to a Wednesday filing on the Singapore Exchange.The move follows a disclaimer of opinion issued by Ernst & Young on the company's audited financial statements for the year ended March 31, 2024.Under SGX rules, firms receiving such audit qualifications must transition to quarterly reporting within a one-year grace period.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":"Ascent Bridge to Begin Quarterly Financial Reporting from Q4 Fiscal Year 2026","news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK6068","BK6507","AWG.SI"],"gpt_icon":0},{"id":"2505707847","title":"Ascent Bridge Sells Treasury Shares for SG$421,288","url":"https://stock-news.laohu8.com/highlight/detail?id=2505707847","media":"MT Newswires","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2505707847?lang=en_us&edition=fundamental","pubTime":"2025-01-23 06:36","pubTimestamp":1737585389,"startTime":"0","endTime":"0","summary":"Ascent Bridge  sold 3,009,200 treasury shares on Wednesday for SG$421,288, representing 2.88% of its total listed ordinary shares, according to a same-day filing on the Singapore Exchange.The shares, sold at SG$0.14 each, were fully acquired by Millennium Harvest, with proceeds allocated for general working capital. Following the sale, the company holds no treasury shares.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":"Ascent Bridge Sells Treasury Shares for SG$421,288","news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK6507","BK6068","AWG.SI"],"gpt_icon":0},{"id":"2501985407","title":"Ascent Bridge Receives Voluntary Conditional General Offer from MTBL Global Holdings","url":"https://stock-news.laohu8.com/highlight/detail?id=2501985407","media":"MT Newswires","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2501985407?lang=en_us&edition=fundamental","pubTime":"2025-01-08 11:19","pubTimestamp":1736306389,"startTime":"0","endTime":"0","summary":"Ascent Bridge  received a voluntary conditional general offer from MTBL Global to acquire all the issued and paid up shares in the capital of the company at SG$0.20 per share, a filing with the Singapore Exchange on Tuesday.The proposed offer will not be made unless certain conditions have been satisfied. However, there are no guarantees that a proposed offer will be made even if conditions are met, the filing added.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"Ascent Bridge Receives Voluntary Conditional General Offer from MTBL Global Holdings","news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["AWG.SI","BK6068","BK6507"],"gpt_icon":1},{"id":"2501121743","title":"Insiders Of Ascent Bridge Reap Rewards After Their Investment Jumps Another S$1.3m","url":"https://stock-news.laohu8.com/highlight/detail?id=2501121743","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2501121743?lang=en_us&edition=fundamental","pubTime":"2025-01-07 07:02","pubTimestamp":1736204566,"startTime":"0","endTime":"0","summary":"Ascent Bridge Limited ( SGX:AWG ) insiders who purchased shares in the last 12 months were richly rewarded last week...","market":"us","thumbnail":"https://images.simplywall.st/asset/industry/2051000-choice2-main-header/1585187236519","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/2051000-choice2-main-header/1585187236519"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/sg/materials/sgx-awg/ascent-bridge-shares/news/insiders-of-ascent-bridge-reap-rewards-after-their-investmen","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["AWG.SI","BK6068","BK6507"],"gpt_icon":0},{"id":"2500295443","title":"Ascent Bridge Completes Loan Repayment via Share Placement","url":"https://stock-news.laohu8.com/highlight/detail?id=2500295443","media":"MT Newswires","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2500295443?lang=en_us&edition=fundamental","pubTime":"2025-01-02 07:16","pubTimestamp":1735773413,"startTime":"0","endTime":"0","summary":"Ascent Bridge  has fully repaid its bridging loan through a placement completed on Dec. 18, 2024, issuing 17.4 million new shares to Eastern Billion Industries, Hu Yidong, and another investor, according to a Tuesday filing on the Singapore Exchange.With the repayment, the company is discharged from all loan-related obligations, removing the risk of losing control over MTBL Global.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["AWG.SI","BK6068","BK6507"],"gpt_icon":0},{"id":"2494167000","title":"Ascent Bridge Insider Ups Holding During Year","url":"https://stock-news.laohu8.com/highlight/detail?id=2494167000","media":"Simply Wall St.","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2494167000?lang=en_us&edition=fundamental","pubTime":"2024-12-26 10:03","pubTimestamp":1735178611,"startTime":"0","endTime":"0","summary":"Viewing insider transactions for Ascent Bridge Limited's  over the last year, we see that insiders were net buyers. This means that a larger number of shares were purchased by insiders in relation to shares sold.Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.The Last 12 Months Of Insider Transactions At Ascent Bridge. Notably, that recent purchase by Hu Yidong is the biggest insider purchase of Ascent Bridge shares that we've seen in the last year. We do like to see buying, but this purchase was made at well below the current price of S$0.18. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.You can see the insider transactions  over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!Get in touch","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/E_ureRDdu27nm_1PkcUxXA--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/4481973f6bad2bd199afdc53ea1f4379","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/E_ureRDdu27nm_1PkcUxXA--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/4481973f6bad2bd199afdc53ea1f4379"],"rights":{"source":"yahoofinance_sg","url":"https://finance.yahoo.com/news/ascent-bridge-insider-ups-holding-020331696.html","rn_cache_url":null,"customStyle":"","selectors":"article, body","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/ascent-bridge-insider-ups-holding-020331696.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance_sg","symbols":["BK6507","BK6068","AWG.SI"],"gpt_icon":0},{"id":"2492168642","title":"Ascent Bridge Raises SG$2.4 Million via Share Placement; Shares of the company rises over 76%","url":"https://stock-news.laohu8.com/highlight/detail?id=2492168642","media":"MT Newswires","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492168642?lang=en_us&edition=fundamental","pubTime":"2024-12-19 11:24","pubTimestamp":1734578694,"startTime":"0","endTime":"0","summary":"Ascent Bridge  has issued 17.4 million new shares at SG$0.14 each, raising SG$2.4 million, according to a Wednesday filing on the Singapore Exchange.The issue increased the liquor and beverage distributor's total issued shares to 104.5 million. The new fully paid shares, set to list on Dec. 20, rank equally with existing ones, excluding prior entitlements.","market":"sg","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"Ascent Bridge Raises SG$2.4 Million via Share Placement; Shares of the company rises over 17%","news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK6068","BK6507","AWG.SI"],"gpt_icon":0},{"id":"2491638555","title":"Ascent Bridge Receives Approval In-Principle for Listing of Placement Shares","url":"https://stock-news.laohu8.com/highlight/detail?id=2491638555","media":"MT Newswires","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2491638555?lang=en_us&edition=fundamental","pubTime":"2024-12-16 11:46","pubTimestamp":1734320765,"startTime":"0","endTime":"0","summary":"Ascent Bridge  received in-principle approval from the Singapore Exchange for the listing and quotation of 17,414,446 placement shares, a filing with the Singapore Exchange said on Friday.In an earlier filing, the company had agreed to allot and issue the shares to subscribers at a SG$0.14 per placement share price and an aggregate consideration of SG$2.4 million.Net proceeds from the placement will be used for general working capital purposes and to meet general overheads.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK6507","BK6068","AWG.SI"],"gpt_icon":0},{"id":"2490058352","title":"Sino Grandness Food Industry Poaches Ascent Bridge CFO","url":"https://stock-news.laohu8.com/highlight/detail?id=2490058352","media":"MT Newswires","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2490058352?lang=en_us&edition=fundamental","pubTime":"2024-12-10 11:11","pubTimestamp":1733800270,"startTime":"0","endTime":"0","summary":"Sino Grandness Food Industry (SGX:T4B) appointed Guo Jie as chief financial officer, according to a Monday filing with the Singapore Exchange.Guo joins the canned fruits and vegetables manufacturer from Ascent Bridge (SGX:AWG), where she served as CFO from February 2022 until Dec. 3, 2024.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK6114","T4B.SI","BK6509","BK6068","AWG.SI","BK6507"],"gpt_icon":0},{"id":"2489417095","title":"Ascent Bridge Names New CFO","url":"https://stock-news.laohu8.com/highlight/detail?id=2489417095","media":"MT Newswires","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2489417095?lang=en_us&edition=fundamental","pubTime":"2024-12-06 06:56","pubTimestamp":1733439399,"startTime":"0","endTime":"0","summary":"Ascent Bridge  appointed Chong Siet Wah as chief financial officer, succeeding Guo Jie, who will step down on Dec. 9, according to a Thursday filing on the Singapore Exchange.Chong is a chartered accountant with over a decade of experience, including roles at LHN Ltd.  and Clearbridge Health . She will oversee the group's financial operations.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK6068","BK6511","BK6139","BK6110","AWG.SI","1H3.SI","41O.SI","BK6100","BK6512","BK6507"],"gpt_icon":0},{"id":"2489101725","title":"Ascent Bridge CFO Steps Down","url":"https://stock-news.laohu8.com/highlight/detail?id=2489101725","media":"MT Newswires","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2489101725?lang=en_us&edition=fundamental","pubTime":"2024-12-05 13:10","pubTimestamp":1733375443,"startTime":"0","endTime":"0","summary":"Ascent Bridge's  Chief Financial Officer, Guo Jie will step down from the role to \"pursue other career opportunities,\" according to a filing with the Singapore Exchange on Wednesday.Her last day of employment is Dec. 9. 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All other terms of the placement remained unchanged, the company confirmed.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK6068","AWG.SI","BK6507"],"gpt_icon":0},{"id":"2481796414","title":"Ascent Bridge Expects Loss for H1 FY25 Due to Declining Sales","url":"https://stock-news.laohu8.com/highlight/detail?id=2481796414","media":"MT Newswires","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481796414?lang=en_us&edition=fundamental","pubTime":"2024-11-07 07:26","pubTimestamp":1730935605,"startTime":"0","endTime":"0","summary":"Ascent Bridge  anticipates reporting a loss for the six months ended Sept. 30, due to lower sales in duty-paid markets like Hong Kong and Macau, according to a Wednesday filing on the Singapore Exchange.Revenue was mainly generated from duty-free channels, but cash and manpower constraints limited marketing efforts, affecting sales performance.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["AWG.SI"],"gpt_icon":0},{"id":"2481796418","title":"Ascent Bridge Secures SG$2 Million Bridging Loan","url":"https://stock-news.laohu8.com/highlight/detail?id=2481796418","media":"MT Newswires","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481796418?lang=en_us&edition=fundamental","pubTime":"2024-11-07 07:25","pubTimestamp":1730935547,"startTime":"0","endTime":"0","summary":"Ascent Bridge  has secured a SG$2 million bridging loan from Eastern Billion Industries  and Hu Yidong to address liquidity issues, according to a Wednesday filing on the Singapore Exchange.The loan, disbursed in full on Nov. 5, carries a 12% annual interest rate and has a six-month term, extendable for another six months. The loan is secured by 5.8 million shares of its subsidiary, MTBL Global.The company had faced delays in securing approval for a proposed placement, following an interim injunction that was lifted on Oct. 23. 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