FOS Capital LtdASX: FOS

Placement of shares

· Issued by FOS Capital Ltd

Filed with ASX · · 2 pages · English

Summary by 6ix AI

The funds will support working capital for various initiatives, including the Queensland Schools Lighting Upgrade Program and growth within Aldridge Traffic Systems. Additionally, the company is launching a Share Purchase Plan to allow eligible shareholders to subscribe for new shares without incurring costs. The placement and SPP are expected to strengthen the company's balance sheet and support ongoing growth opportunities.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

On 6ix: 6ix.com/news/placement-of-shares-19

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