KUALA LUMPUR: Paramount Corporation Bhd
has fixed the issue price of its 84.45 million rights shares at RM1.10 each, which would see it raising RM92.89mil.
It said on Tuesday the issue price was a discount of about 28.10% to the theoretical ex-rights price of the shares of RM1.53. This was based on the five-day volume weighted average market price up to and including Tuesday of RM1.64 per share.
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