NewTimeSpace News:On 16 March 2026, Geo Energy issued an announcement by Charles Antonny Melati, Executive Chairman and Chief Executive Officer, on behalf of the company, formally declaring the completion of its previously proposed share placement plan.

The announcement stated that a total of 35 million new shares were issued and placed in this exercise at a price of SGD0.425 per share, with all new shares allotted to the subscribers on 16 March. Following the completion of the placement, the total number of issued shares of Geo Energy has increased from 1,708,380,126 to 1,743,380,126.

The announcement also specified that the placed shares are expected to commence trading on the Mainboard of the Singapore Exchange on or around 18 March 2026, with effect from 9:00 a.m. on the same day.

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