Red Sena had raised proceeds of RM400mil from its initial public offering in December 2015, from selling 800 million shares with detachable warrants at 50 sen apiece.
KUALA LUMPUR: The liquidators of Red Sena Bhd
, which has been wound up, will distribute RM10mil to entitled shareholders on Jan 15. This is the second interim distribution.
The RM10mil is part of the balance 8% of gross proceeds raised by Red Sena in the initial public offer and not held in the cash trust account. T
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