Singapore listed IEV Holdings to raise S$6.5m through rights issue

Singapore listed IEV Holdings to raise S$6.5m through rights issue

Visual from the IEV website

Singapore-listed engineering services provider to offshore oil and gas industry, IEV Holdings, said that it plans to raise S$6.5 million by issuing $94.6 million new shares at seven cents apiece. The company said it will issue one rights share for every two ordinary shares.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter