mm2 Asia placement deal with UOBKH lapses
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mm2 Asia's placement agreement with UOB Kay Hian has lapsed as conditions were not met by the 31 March 2026 deadline. The proposed placement involved up to 1.875 billion new shares. The company stated that the termination of the agreement will not materially affect its consolidated net tangible assets or earnings per share for the financial year ending 31 March 2027.
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Source: Singapore Business Review The copyright of this article belongs to the original author/organization.
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