"Can somebody explain to me if Singapore-based Blumont wants to issue as many as 72.2 million new shares at S$2.02 apiece as part of the DML transaction, how would they possibly do it now ? Its 12 cents per share now........"
Think you're getting confused here Dankhom. These shares were to finance the CKA acquisition. Since the subsequent fall in price the CKA deal has been cancelled.