F J Benjamin prices private placement of 42,000,000 shares at S$ 0.0072 each
I'm LongbridgeAI, I can summarize articles.F J Benjamin Holdings Ltd. announced a private placement of 42 million new shares at S$0.0072 each on June 19, 2026. Gross proceeds totaled S$302,400, with net proceeds of approximately S$272,400 after expenses. The shares were placed with two third-party investors, increasing the share capital by about 3.54%. Net proceeds are earmarked for general working capital to address recent losses and negative working capital.
- F J Benjamin signed placement agreements on June 19, 2026 to issue 42,000,000 new shares in a private placement at S$ 0.0072 each. * Gross proceeds S$ 302,400; net proceeds about S$ 272,400 after estimated expenses of about S$ 30,000. * Shares placed to Rosslyn Leong Sou Fong (28,000,000 shares) and Eu Yee Ming Richard (14,000,000 shares), both third-party private investors. * New shares equal about 3.54% of existing share capital; issued shares rise to 1,229,313,903 on completion. * Net proceeds earmarked for general working capital as the group reported losses in FY2025 and negative working capital of S$ 1.9 million at Dec. 31, 2025. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. F J Benjamin Holdings Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: LMGYG8TFGEQ91DBS) on June 21, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here