SINGAPORE (Aug 31): Singapore Myanmar Investo is placing out more than 15.4 million new shares at 48 cents each with the help of CLSA Singapore
to raise S$7 million in net proceeds.
The placement price represents a discount of about 8.5% to the volume weighted average price of 52.44 cents for trades done on Wednesday, being the full market day during the date the placing agreement was signed.
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