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Frugl Group Plans Major New Securities Issue

Frugl Group Limited (AU:FGL) has released an update.

Frugl Group Limited has announced a new proposal to issue various classes of performance rights and ordinary fully paid securities, totaling over 43 million units. Slated for a proposed issue date of November 15, 2024, this move by the company aims to capitalize on placement opportunities or other types of issues in the financial market. The securities are yet to be quoted on the ASX, pending the fulfillment of regulatory requirements and procedures.

For further insights into AU:FGL stock, check out TipRanks’ Stock Analysis page.

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