Singapore-based Uni-Fuels Holdings has raised an additional $1.26m by selling another 315,000 Class A shares, bringing its total amount raised to $9.7m.

The bunker trader’s underwriters exercised their over-allotment options and bought 315,000 Class A shares at $4 each.

This brings the total amount of Class A shares issued by Uni-Fuels to 2.415m,