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KUALA LUMPUR: Malaysia’s e-commerce platform company Treasure Global Inc today announced the closing of its upsized initial public offering (IPO) of 2.30 million shares of its common stock at a public offering price of US$4 per share, for aggregate gross proceeds of about US$9.2 million. (US$1=RM4.45)
The company said its common stock began trading on the Nasdaq capital market on Aug 11, 2022, under the symbol "TGL”.
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"The company intends to use the net proceeds from the offering primarily to increase its capitalisation and financial flexibility, in addition to working capital and general corporate purposes,” said Treasure Global in a statement.
EF Hutton, a division of Benchmark Investments, LLC acted as the sole book-running manager for the offering.
TGI is a Malaysian e-commerce platform providing seamless payment solutions for consumers and merchants with instant rebates and affiliate cashback programmes. - Bernama
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2022-11-11 00:01:09
海南日报记者从儋州市有关部门获悉，近日，复议机关就海花岛39栋楼行政复议案，依法作出了变更原拆除为没收的决定。该部门负责人表示，将依法依规保护好有关各方合法权益。此前，有关部门已对张琦、林东等8名责任人员予以问责处理，对其他相关责任人员将依规依纪依法进一步调查处理。不是吧，这么厉害