19 Oct 2020

CGS-CIMB Securities (Singapore) Pte. Ltd’s placement of shares in Jiutian Chemical Group Limited

Partners Danny Lim and Hoon Chi Tern from Rajah & Tann Singapore are advising CGS-CIMB Securities (Singapore) Pte. Ltd. as placement agent in the placement of shares in Jiutian Chemical Group Limited, which is listed on the Catalist Board of the Singapore Exchange Securities Trading Limited. The placement proceeds are to strengthen the group’s financial position and flexibility to capitalise on growth opportunities, resulting in an injection of funds into the Company as general working capital in anticipation of increased revenue and investments in asset enhancement and improvement.