新闻

Geo Energy: Share Placement Fully Subscribed Amid Strong Investors Interest, Majority Subscribed By Prominent Institutional Funds & Top-Tier Investors.

15 Apr 2026 18:00

The share placement comprises 35 million new ordinary shares in the capital of the Company at an issue price of S$0.525 for each Placement Share, raising gross proceeds of approximately S$18.4 million. Majority of the Placement Shares were subscribed by prominent institutional funds and top-tier investors, including Asdew Acquisitions Pte Ltd, Ascend Open Master Fund VCC-ICH S F and Icham Master Fund VCC - Ploutus Fund III and Mr Han Seng Juan. Geo Energy's market capitalisation exceeds S$1 billion at the closing share price of S$0.615 on 15 April 2026...

More information available here.

Source: ShareInvestor Express