Sino Grandness gets approval in-principle for the listing of 86m new shares
But shareholders’ approval is yet to be clinched.
Mainboard-listed foof firm Sino Grandness yesterday announced that it has been granted approval in-principle for the listing and quotation of 86,000,000 Placement Shares on the SGX Main Board.
For the listing to proceed, Sino Grandness will still need to get its shareholders’ approval at an extraordinary general meeting.