PETALING JAYA: Hibiscus Petroleum Bhd
has fixed the issue price of the fifth tranche of its placement shares at 75 sen per placement share.
The issue price represents a discount of 7 sen or about 8.54% to the five-day volume weighted average market price of the shares up to and including July 28, 2015, being the market day immediately prior to the price-fixing date, of about 82 sen.
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