Dayang to raise RM304.4 mil from placement
- 7 years ago
According to RHB research, Dayang Enterprise's proposed private placement of 10 per cent of its paid up capital at an indicative price of 3 ringgit 69 sen is expected to raise proceeds of up to 304 point 4 million ringgit.
The research house said in a report that 98 per cent of the proceeds will be utilised for working capital and to fund future investment projects.
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The research house said in a report that 98 per cent of the proceeds will be utilised for working capital and to fund future investment projects.
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