The company said taking into consideration global equity market volatility and prevailing capital market conditions, it was looking at other capital raising options, including a rights offer.
This is often because the company has exhausted other capital raising options or needs more immediate capital for project financing needs (such as inventory purchases, mergers, acquisitions and debt purchasing).
The firm focuses on clean technology and industrial growth, capital raising services concerning municipal government interests, and private placements and public offerings of corporate debt and corporate equity.