Solid Automotive to raise RM19.81m from IPO (Update)


KUALA LUMPUR: Solid Automotive Bhd plans to raise about RM19.81mil from its proposed listing exercise which involves the public issue of 35.38 million new shares.

 In its prospectus issued on Monday for the proposed listing on the Main Market, it said the new shares of 50 sen par value each would be offered at 56 sen a share.

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Solid Automotive , IPO , shares , placement

   

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