OIO Holdings Ltd. Issues New Shares Amid Note Conversion

OIO Holdings Ltd. (SG:KUX) has released an update.

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OIO Holdings Ltd. has issued 30,088,083 new shares following the conversion of its matured convertible notes and second-year unpaid accrued interest. The shares were issued at S$0.0692 each, marking a strategic financial move for the company. This development could potentially influence the company’s stock performance and attract attention from investors.

For further insights into SG:KUX stock, check out TipRanks’ Stock Analysis page.

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