GSH Corporation updates allocation of subscription proceeds

SGX Filings
Mar 20

GSH Corporation Limited announced that, as of Mar, 20 2026, it has deployed an additional 28.1 million Singapore dollars from the 111.7 million Singapore dollars raised through its earlier subscription exercise.

The new funds were channelled into the company’s Digital Asset Mining Business, bringing total spending on that segment to 28.1 million Singapore dollars and leaving 7.3 million Singapore dollars unallocated from the original 35.4 million Singapore dollars earmarked for the project.

Previously, GSH Corporation had fully utilised 75.8 million Singapore dollars to repay new shareholders’ loans and 0.5 million Singapore dollars to settle other loans and borrowings. The company said future updates will be provided when the remaining proceeds are materially deployed.

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