Green Build Technology Limited Completes Placement of 50 Million New Shares
Green Build Technology Limited Completes Strategic Share Placement
Key Developments
- Completion of Proposed Placement: Green Build Technology Limited has successfully completed the placement of 50,000,000 new ordinary shares in the Company.
- Increase in Share Capital: The allotment and issuance of these new shares has increased the total number of issued shares (excluding treasury and subsidiary holdings) from 292,259,462 to 342,259,462.
- Listing and Trading: The new shares are expected to be officially listed and quoted on the Mainboard of the Singapore Exchange Securities Trading Limited (SGX-ST) on 26 November 2025. Trading of these shares will commence at 9:00 a.m. on the same date.
Details for Investors
- Share Rights: The 50,000,000 subscription shares will rank pari passu (equally) with existing shares and will carry all rights similar to other shares. However, these new shares will not be entitled to any dividends, rights, allotments, or other distributions where the record date falls on or before their issue date.
- Potential Impact: The significant increase in the share base may impact shareholder value through dilution, but it may also reflect confidence in the Company’s future prospects and strengthen its capital base.
- Strategic Implications: The successful completion of this placement may signal to the market that Green Build Technology Limited is in a strong financial position and could be preparing for future growth initiatives, investments, or expansion strategies.
- Shareholder Considerations: Existing shareholders should be aware of the dilution effect but also monitor any subsequent announcements regarding the use of proceeds from this placement, as these could further influence share value.
- Price Sensitivity: The creation and listing of a substantial number of new shares in a single event is typically considered price sensitive, potentially impacting supply and demand dynamics for Green Build Technology Limited’s shares in the near term.
Timeline
- Announcement of Placement: 10 October 2025 and 19 November 2025
- Completion of Placement: 24 November 2025
- Listing and Trading Commences: 26 November 2025, 9:00 a.m. (SGX-ST Mainboard)
Conclusion
The completion of the 50 million share placement represents a major development for Green Build Technology Limited, increasing its share capital by approximately 17%. Shareholders should closely monitor subsequent disclosures regarding the strategic use of funds raised, as well as any market reaction following the listing and commencement of trading of the new shares. This placement is a significant event that could influence the Company’s valuation and future direction.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research or consult with a financial adviser before making investment decisions. The author and publisher are not responsible for any investment actions taken based on this article.
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