JB Foods Limited Completes Rights Issue, Expands Share Capital
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JB Foods Limited has completed its renounceable non-underwritten rights issue, issuing 43,314,280 new ordinary shares. This increases the total issued shares from 303,199,966 to 346,514,246, enhancing the company's financial flexibility and supporting growth initiatives. The new shares will be listed on the Main Board of the SGX-ST. JB Foods operates in the food industry in Singapore, focusing on production and distribution of food products.
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