AcroMeta Group raises $1m via new share subscription at 10% discount

The subscription is scheduled to be completed by 31 May.

AcroMeta Group Limited has entered into a subscription agreement with a subscriber on 30 January to raise $1m by issuing new ordinary shares, according to an announcement dated 2 February.

Under the agreement, the subscriber will subscribe for shares at an issue price of $0.06 per share, or a 10% discount to the average weighted price on the last trading day before completion, whichever is higher.

The subscription is expected to be completed by 31 May.

The company added that the share subscription is separate from, and not conditional upon, any strategic partnership arrangements.

Separately, AcroMeta announced that its wholly owned subsidiary, AcroMeta Minerals Pte. Ltd., has formalised a strategic partnership with Indonesia-based PT Esa Jaya Labdagati relating to nickel activities.

The partnership agreement was signed on 30 January, following an earlier announcement made on 22 January.

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia