re: Ann: LNC to Seek Listing on the Singapore... "Proposed SGX listing and share offering:
It is anticipated that the proposed SGX listing would be accompanied by an offering of shares to new investors. The funds raised by such an offering would be used to further the Company’s strategies to:..."
Sounds very much like a semi IPO to me. Newtrons may as well selling some shares for cash...
Ann: LNC to Seek Listing on the Singapore Exchang, page-59
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