Singapore: SeD plans new share placement to CEO, scrip soars

Singapore: SeD plans new share placement to CEO, scrip soars

Visual of SeD (Singapore e-Development) homepage. February 2016.

Catalist-listed Singapore eDevelopment (SeD) plans to place S$7 million worth of new shares to its CEO, Chan Heng Fai, who is also its largest shareholder. This is aimed at improving its balance sheet and working capital.

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