Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Wednesday, April 2nd, 2025

Clearbridge Health Receives SGX-ST Approval for Massive 1.28 Billion Rights Share Issuance








Clearbridge Health’s Strategic Share Issue: A Potential Game Changer for Investors

Clearbridge Health’s Strategic Share Issue: A Potential Game Changer for Investors

Clearbridge Health Limited, a prominent player in Singapore’s healthcare sector, has announced a significant development that could potentially influence its stock valuation. The company received a listing and quotation notice from the Singapore Exchange Securities Trading Limited (SGX-ST) for its proposed rights issue, which involves the issuance of up to 1,279,125,560 new ordinary shares on the Catalist Board.

Key Points from the Announcement

  • Clearbridge Health Limited’s board has confirmed receiving the listing and quotation notice (LQN) from SGX-ST as of 25 October 2024, which facilitates the dealing in, listing, and quotation for the proposed new shares.
  • The rights issue was approved by shareholders during the extraordinary general meeting held on 23 October 2024.
  • The LQN is conditional upon the company meeting SGX-ST’s listing requirements.

Implications for Shareholders

This development is crucial for shareholders and potential investors. The rights issue aims to raise capital, which could impact the company’s financial strategy and market position. However, the company cautions that the LQN should not be seen as an endorsement of the rights issue’s merits or the company’s securities.

Important Advisory

Shareholders and investors are advised to exercise caution when trading shares, as there is no certainty that the rights issue will be completed as planned. The company will provide updates on any further developments to ensure transparency and informed decision-making among investors.

The announcement has been reviewed by the company’s sponsor, ZICO Capital Pte. Ltd., but not by SGX-ST, which assumes no responsibility for its contents.

Contact Information

For inquiries, shareholders can reach out to Ms. Goh Mei Xian at ZICO Capital Pte. Ltd., located at 77 Robinson Road, #06-03 Robinson 77, Singapore 068896, or by calling (65) 6636 4201.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investors should conduct their own research and consult with professional advisers before making investment decisions.




View Clearbridge Historical chart here



ESR-LOGOS REIT Announces Key Dates for Preferential Offering and Advanced Distribution

ESR-LOGOS REIT Announces Preferential Offering and Advanced Distribution Dates ESR-LOGOS REIT Announces Preferential Offering and Advanced Distribution Dates ESR-LOGOS REIT has announced significant updates that could potentially impact shareholder value. Key details regarding the...

Proposed Bonus Issue – Notice of Record Date for Ever Glory United Holdings Limited

Title: Ever Glory United Holdings Announces Bonus Share Issue – A Potential Catalyst for Shareholders Key Points: Ever Glory United Holdings Limited (the “Company”) is proposing a bonus issue of new ordinary shares in...

GSS Energy Secures SGX-ST Approval for Rights Issue of 607 Million New Shares

GSS Energy Limited Receives SGX Approval for Major Rights Issue GSS Energy Limited Receives SGX Approval for Major Rights Issue GSS Energy Limited has announced a significant development that could influence its share price...