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More fund-raising after bond-equity conversion exercise last year.

New subscription shares to 'white knights' at $0.035 and rights issue 1 for every 2 existing shares at same price, a discount of 25.37% to last traded market price.

http://infopub.sgx.com/Apps?A=COW_CorpAn...ee146b9156

(Not a recommendation to buy or sell, just stating facts)
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