KUALA LUMPUR: Matrix Concepts Holdings Bhd expects to raise RM137.5mil from its floatation exercise which includes the sale of 62.5 million new shares of RM2.20 each.
The Negeri Sembilan-based property developer said on Wednesday that of the 62.5 million new shares, 10 million units would be offered to the public, 43.69 million shares will be placed out and the remaining 8.8 million shares reserved for the elgible directors and employees.
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