Prospera Global Redirects SG$800,000 to Working Capital

Trading View
2025.02.10 22:43
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Prospera Global , formerly Sinjia Land, is reallocating SG$800,000 from business expansion funds to working capital, according to a Monday filing on the Singapore Exchange. The shift follows its August 2024 share placement, which raised SG$2.5 million. Funds will now support manpower, compliance costs, and operations as the company focuses on organic growth in financial services. Prospera has spent SG$1.9 million, including SG$840,000 on manpower and SG$318,000 on professional fees.

Prospera Global , formerly Sinjia Land, is reallocating SG$800,000 from business expansion funds to working capital, according to a Monday filing on the Singapore Exchange.

The shift follows its August 2024 share placement, which raised SG$2.5 million. Funds will now support manpower, compliance costs, and operations as the company focuses on organic growth in financial services.

Prospera has spent SG$1.9 million, including SG$840,000 on manpower and SG$318,000 on professional fees.

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