- TMT Investments said two of its portfolio companies are in the process of completing new equity financing rounds. If completed these would total an uplift of about USD8.7m in the fair value of these investments.

That uplift would equate to an extra 32 cents of additional net asset value for every TMT share.

The Transactions are expected to be completed in the next four weeks. As part of the Transactions, TMT is expected to invest an additional US$1 million in one of the Portfolio Companies.

There is no guarantee the Transactions will be completed, and TMT will make relevant announcements in due course.

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