Memiontec Shares Down Over 8% After Issuing 2.5 Million Shares in Warrant Exercise
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Memiontec shares were over 8% in Monday's morning trade after the company disclosed in a Friday Singapore bourse filing that it issued 2.5 million shares, pursuant to the exercise of warrants. Following the issuance, the total number of issued and paid up share capital of the company has increased to 1,122,193,000 shares. The shares are expected to be listed and quoted on June 25, with trading slated for commencement on the same date.
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