trending Market Intelligence /marketintelligence/en/news-insights/trending/5uhtt3ir7lxc16omsnprlg2 content esgSubNav
In This List

FE Investments Group raises A$1.7M in share issue


Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations


Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)


Banks’ Response to Rising Rates & Liquidity Concerns

FE Investments Group raises A$1.7M in share issue

FE Investments Group Ltd. raised A$1.7 million via a private placement of shares to Hong Kong-based investor Sunbow Ltd.

FE Investments will issue 10 million ordinary shares at 17 Australian cents per share, according to a March 26 release. The company will issue the shares over three tranches over three months with the first tranche of shares to be issued in March and subsequent tranches in April and May.

The funds raised from the private placement will be used for the company's general working capital requirements as well as strengthening its capital base.