NewTimeSpace News:On March 9, 2026, the board of directors of Mary Chia announced the official completion of the proposed new shares subscription, which was announced on February 6 and February 27, 2026.

Pursuant to the terms of the subscription agreement, Mary Chia allotted and issued 5,714,285 new shares (the Subscription Shares) to the subscriber on the same day at a subscription price of S$0.035 per share. All the Subscription Shares are fully paid-up and free from any encumbrances such as mortgages and liens. Save that they shall not be entitled to any dividends, allotments and other distributions whose record dates fall on or before the completion date, the Subscription Shares rank pari passu with the existing shares of the company and carry the same rights.

The announcement specified that following the issuance of the new shares, the total number of issued and fully paid-up ordinary shares of Mary Chia has increased from 328 million to 334 million shares. It is learnt that the newly subscribed shares are expected to be listed and traded on the Catalist of the Singapore Exchange at around 9:00 a.m. on March 11.

NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.