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Rich Capital proposes private placement of up to 18,000,000 shares at S$ 0.071 each
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Rich Capital proposes private placement of up to 18,000,000 shares at S$ 0.071 each
  • Rich Capital entered a private placement to sell up to 18,000,000 new shares at S$ 0.071 each, raising up to S$ 1.28 million.
  • Pricing implies an 8.97% discount to the S$ 0.078 VWAP on July 10, 2026, the last full session before a trading halt.
  • Shares equal 49.03% of existing stock, 32.9% of enlarged capital; placement agent SAC Capital acts on a best-efforts basis.
  • Net proceeds estimated at S$ 1.22 million; split evenly between new business opportunities, working capital.
  • Completion targeted within eight weeks of July 15, 2026, subject to SGX approval-in-principle for listing and quotation.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rich Capital Holdings Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: RP8O3ETM92KAIWBE) on July 15, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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