19 July 2016

Wong Fong Industries will issue 43 million new shares priced at 23 cents apiece, to raise a total of S$8 million in net proceeds. The placement will close at 12pm on July 26, and the shares are expected to commence trading at 9am on July 28.The news has been featured on the Straits Times, Business Times, the Edge, and 联合早报.