To The Moon

Cordlife Group applied for extensions from the Singapore Exchange Regulation to delay its annual general meeting, sustainability report, and first-quarter financial statements, according to a Tuesday filing on the Singapore Exchange.The company seeks to push the AGM and sustainability report deadlines by six weeks to June 11, and the Q1 results by one month to June 15.The request follows delays in finalizing its FY2024 audited financial statements due to ongoing tests on cryogenic storage tanks.Results from one outstanding third-party lab are expected by the end of March, which could affect financial disclosures and liabilities. Cordlife resumed full operations in Singapore in January after its service licenses were renewed.

Frasers Centrepoint Trust , through its manager and underwriters, agreed to increase the issue size of the private placement by about SG$20 million, taking the amount of the equity fund raising to roughly SG$421.3 million.The private placement was 4.0 times covered including the upsize option and 4.4 times covered excluding the upsize option, according to a filing with the Singapore Exchange on Wednesday.The issue price per unit has been fixed at SG$2.09 per private placement unit while the issue price per preferential offering unit has been fixed at SG$2.05 per unit.Trading of the private placement units is expected to commence on April 4.Shares of the trust were down over 2% in recent trading.

Frasers Centrepoint Trust , through its manager and underwriters, agreed to increase the issue size of the private placement by about SG$20 million, taking the amount of the equity fund raising to roughly SG$421.3 million.The private placement was 4.0 times covered including the upsize option and 4.4 times covered excluding the upsize option, according to a filing with the Singapore Exchange on Wednesday.The issue price per unit has been fixed at SG$2.09 per private placement unit while the issue price per preferential offering unit has been fixed at SG$2.05 per unit.Trading of the private placement units is expected to commence on April 4.Shares of the trust were down over 2% in recent trading.

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