Singapore Exchange (SGX) Catalist Board-listed healthcare company Clearbridge Health Limited is raising S$11.34 million ($8.28 million) from a share placement exercise, according to an announcement.
The fund raise – that will be through an equity placement of 80.45 million ordinary shares priced at S$0.141 ($0.100) per share – will accelerate the company’s growth plans in Asian healthcare market and strengthen its balance sheet.
