not vested
Singapore sterngear equipment manufacturer and supplier Mencast will issue a total of 22.5 million new shares to four subscribers at S$0.53 -- a discount of about 5.4 percent to the weighted average trading price of shares traded on March 14.
The issue represents 11.8 percent of the total existing share capital of the company.
Mencast shares resume trading on Tuesday after having halted its trading on Thursday.
Source: Reuters