April 14, 2020
Sygnus Credit Investments Limited (SCI) has advised that the Board of Directors has authorised the Company to take formal steps to obtain the necessary regulatory and shareholders’ approvals to make an invitation to the public, in lieu of a rights issue to existing stockholders, to raise additional equity capital through the issuance of ordinary shares “Additional Public Offering” or “APO”. The offering will be approved by the Shareholders at an Extraordinary General Meeting (“EGM”). Due to the Covid-19 pandemic, the date for the EGM has not been decided. Once a date has been finalized, the relevant communication will be made to shareholders.
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