Huationg Global completes $7.08m share placement at discount

Singapore Business Review
2026.02.04 21:35
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Huationg Global Limited has successfully completed a share placement, raising approximately $7.08 million by issuing 11.8 million new ordinary shares at $0.60 each. This price is 8.7% lower than the volume-weighted average price of $0.6574 on the Singapore Exchange as of January 23, 2026. The placement was fully subscribed, attracting participation from various institutional and accredited investors, with CGS International Securities Singapore Pte. Ltd. serving as the sole placement agent.