LEBAR Daun Bhd has proposed to make a private placement of up to 10% of its existing issued share capital and to transfer its listing from the MSEB second board to the main board.
The quantum of the placement would be 11.8 million new shares, which would be based on the company's existing issued share capital of 118.5 million shares of 50 sen par each, Lebar Daun announced yesterday.
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