GSH Corporation updates allocation of subscription proceeds

SGX Filings
Jul 22

GSH Corporation Limited said on Jul, 22 2026 that a further 0.6 million Singapore dollars from the 111.7 million Singapore dollars raised via its earlier proposed subscription has been deployed into its Digital Asset Mining Business.

The company has now invested 28.7 million Singapore dollars in the segment, leaving 6.7 million Singapore dollars of the earmarked 35.4 million Singapore dollars still unutilised.

All other proceeds from the subscription have already been fully applied, including 75.8 million Singapore dollars for repayment of new shareholders’ loans and 0.5 million Singapore dollars for repayment of other loans and borrowings.

GSH Corporation said it will issue additional updates when the remaining funds are materially disbursed.

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