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UTILITIES | Staff Reporter, Singapore

Eindec raises $7.5m in Catalist listing

Its offer was fully subscribed.

Eindec Corporation Limited, a regional clean air environmental and technological solutions provider, said that it has successfully completed its placement of 35,800,000 shares.

The company, a subsidiary of Mainboard-listed Weiye, raised a total of $7.5m in its Catalist listing.

The listing and trading of Eindec's shares is expected to commence at 9.00 a.m. on Friday, January 15, 2016 on the Catalist Board of the Singapore Exchange Securities Trading Limited.

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