CSE Global Secures SGX Approval for New Warrants Issuance
CSE Global has received approval from the Singapore Exchange for the listing of up to 62,968,580 new ordinary shares related to new warrants issuance. This approval enhances CSE Global's capital base and operational flexibility. The company operates in technology and engineering sectors, focusing on oil and gas, infrastructure, and healthcare. The stock has a Hold rating with a S$1.00 price target. Current market cap is S$680.8M.
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CSE Global ( (SG:544) ) has issued an announcement.
CSE Global Limited has received approval in-principle from the Singapore Exchange Securities Trading Limited for the listing and quotation of up to 62,968,580 new ordinary shares. This approval relates to the proposed issuance of new warrants, which will be exercised on the Mainboard of the SGX-ST. The company must adhere to specific conditions outlined by the SGX-ST, ensuring compliance with various rules of the Listing Manual. This development is significant for CSE Global as it potentially enhances its capital base and operational flexibility, impacting its market positioning and stakeholder interests.
The most recent analyst rating on (SG:544) stock is a Hold with a S$1.00 price target. To see the full list of analyst forecasts on CSE Global stock, see the SG:544 Stock Forecast page.
More about CSE Global
CSE Global Limited is a company incorporated in the Republic of Singapore, operating in the technology and engineering sectors. It provides integrated solutions and services, focusing on industries such as oil and gas, infrastructure, and healthcare.
YTD Price Performance: 138.04%
Average Trading Volume: 8,281,332
Technical Sentiment Signal: Buy
Current Market Cap: S$680.8M
See more insights into 544 stock on TipRanks’ Stock Analysis page.
