新闻
InnoTek: Completes S$16 Million Private Placement To Support Next Phase Of Expansion In AI & New Energy Sectors.
16 Apr 2026 10:51Placement of 24,600,372 Placement Shares at S$0.6506 each has been fully subscribed and attracted prominent institutional investors, raising gross proceeds of S$16.0 million. Maybank Securities Pte. Ltd. acted as the Sole Placement Agent in relation to the Placement, successfully facilitating strong institutional participation. Net proceeds of approximately S$15.4 million to be deployed across high-growth initiatives in AI server components, liquid cooling and new energy, building on InnoTek's recent approvals as a recommended vendor for NVIDIA and IEIT Systems. Concurrently, vendor share sale of S$4.0 million is being undertaken by Chief Executive Officer, Mr Lou Yiliang, further enhancing market liquidity and broadening the Company's shareholder base...
More information available here.
Source: ShareInvestor Express
