Union Steel sells 30M Eneco shares for $345,000

Singapore Business Review
2025.07.14 04:35
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Union Steel Holdings Limited has sold 30 million shares in Eneco Energy Limited to investor Lim Kiao Bee for $345,000, at a price of $0.0115 per share. This sale represents about 1.21% of Eneco's total share capital. Following the transaction, Union Steel will hold 451 million shares (approximately 18.09% of total capital) and 500 million warrants, each allowing subscription for one new share at S$0.009, expiring on 31 August 2025.