KUALA LUMPUR: Fitters Diversified Bhd
has proposed a corporate exercise involving a share placement of 10% of its paid-up to raise up to RM30.25mil.
It said on Monday the amount was based on the assumption of 97 sen per placement share, or a discount of about 10 sen or 9.4% to the five-day volume weighted average market price of RM1.07.
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