GDS Global Gets SGX Nod for Listing of Conversion Shares
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GDS Global received approval-in-principle from the Singapore Exchange for the listing of up to 54.8 million new shares to be issued upon conversion of its convertible bonds, according to a Thursday filing on the Singapore Exchange. The company previously said it would issue SG$3.4 million worth of unlisted, non-transferable convertible bonds at a conversion price of SG$0.062 per share.
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