Huationg Global completes $7.08m share placement at discount

Shares were priced at $0.60 each, 8.7% below the SGX VWAP on 23 January.

Huationg Global Limited said in a bourse filing that it has completed a share placement raising about $7.08m.

The placement involved the issuance of 11.8 million new ordinary shares at $0.60 per share.

The issue price was about 8.7% below the volume-weighted average price of $0.6574, based on trading on the Singapore Exchange on 23 January 2026.

The placement was fully subscribed, with participation from institutional and accredited investors, including Lion Global Investors Limited (acting as investment manager for its clients), Ginko-AGT Global Growth Fund, Amova Asset Management Asia Limited, Asdew Acquisitions Pte Ltd, Avanda Investment Management Pte. Ltd., and ICH Synergrowth Fund.

CGS International Securities Singapore Pte. Ltd. acted as the sole placement agent.

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