PTL Limited (PTLE), an established bunkering facilitator providing marine fuel logistics services for vessel refueling, serving the Asia Pacific market, announced the pricing of its public offering of 23.80 million ordinary shares at a public offering price of $0.30 per ordinary share.
The company expects gross proceeds, before deducting placement agent fees and other offering expenses, to be approximately $7.14 million.
The Offering is expected to close on April 10, 2025, subject to customary closing conditions.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.