H2G Green Limited Announces Listing and Quotation of Over 1.4 Billion Warrants on Catalist
In a significant development, H2G Green Limited has announced the issuance of 1,415,284,092 warrants, with listing and trading set to commence on Catalist from 9.00 a.m. on December 16, 2024. This move could prove to be a pivotal moment for shareholders and potential investors, with the potential to impact share values considerably.
The warrants, issued on December 12, 2024, are renounceable and non-underwritten, providing shareholders with an opportunity to exercise them within 36 months from the issue date. The new shares resulting from the exercise will be listed on Catalist and will carry equal rights as existing shares, including eligibility for dividends and other distributions, provided the Record Date for such falls after the shares’ issuance.
Notably, the SGX-ST has granted a listing and quotation notice on October 11, 2024, authorizing the admission, listing, and quotation for the warrants and new shares. However, this should not be misconstrued as an endorsement of the warrants’ merits or the company’s prospects.
Shareholders are advised to stay alert for further updates from H2G Green Limited as they become available, as these developments could significantly influence the company’s market standing and share price.
By Lim Shao-Lin, Executive Director, CEO
Date: December 12, 2024
Disclaimer: This article is for informational purposes only and does not constitute investment advice. The potential impact on share prices is speculative and should be considered in consultation with a financial advisor.
