Sunday, Mar 29, 2015Sunday, Mar 29, 2015
 

Satellite communication firm appoints adviser for potential secondary listing

Published on Feb 4, 2014 9:34 PM
 

Satellite communications company Global Invacom Group announced the appointment of British independent stockbroker finnCap on Feb 4, as nominated adviser for a potential secondary listing of its ordinary shares.

The proposed listing is to be on the AIM of the London Stock Exchange (LSE).

The mainboard-listed firm will also consider issuing and placing new shares at the same time, in order to raise additional capital for expansion and other business plans.

Its primary listing will remain in Singapore, said the firm in a statement.

 
Enjoy 2 weeks of unlimited digital access to The Straits Times. Get your free access now!