PETALING JAYA: Integrated electronics manufacturing services provider VS Industry Bhd (VSIB) is subscribing to a portion of the company’s Hong Kong-listed VS International Group Ltd (VSIG) rights shares at 23 Hong Kong cents or 12.6 sen a share for a total of RM25.2mil.
VSIB would be subscribing to 200.02 million rights shares or 43.49% of the total rights shares issuance. These shares were provisionally allotted to VSIB, which also underwrote all the rights shares not subscribed.
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