Proceeds will be used as working capital, as well as to pursue technology and solar initiatives.
There are two remaining land parcels measuring 74.
Some of those who have subscribed to the share placement exercise include Toh Soon Huat, Mock Pak Lum, Priscil Poh Ly-May and Samuel Ong Chee Ming Wang Jiming.
S: I am vested in Hatten.
Hatten Land Limited is a subsidiary of Hatten Holdings Pte Ltd.
Hatten Land will also collaborate with Nestcon on opportunities to utilise or secure current and future landbank in Malaysia for solar farms.
Its Harbour City includes Thematic Mall, Harbour City Suites and Harbour City Resort, among others.
Under the placement agreements, Hatten Land will allot and issue a total of 121.