Skylink Holdings Secures Strong Investor Backing for Acquisition and Bond Issue
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Skylink Holdings Limited has announced a successful share placement and convertible bond issue, raising S$4.2 million and S$5 million respectively. This indicates strong investor confidence in the company's proposed acquisition of Skylink APAC Pte. Ltd. The company, formerly known as Sincap Group Limited, aims to enhance its market presence through strategic acquisitions and financial ventures. Current market cap stands at S$8.51 million, with a technical sentiment signal indicating a 'Sell' recommendation.
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