MEGAN MEDIA HOLDINGS BHD said its rights issue with warrants has been oversubscribed by about 14%, as of the close of acceptances on Aug 2.
The digital and compact disc maker made a 4-for-5 renounceable rights issue of 71.14 million new shares with 71.14 million free detachable warrants 2004/2009 at an issue price of RM1.60 per rights share.
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