Iris’ private placement exercise done


In a statement, Iris said the final tranche of 74 million placement shares, representing approximately 2.27% of the enlarged share capital, was subscribed by an insurance fund, AIA Bhd. (File pic shows an Iris product - IRIS reader.)

PETALING JAYA: Iris Corp Bhd has completed its private placement exercise of 296.62 million new shares.

In a statement, Iris said the final tranche of 74 million placement shares, representing approximately 2.27% of the enlarged share capital, was subscribed by an insurance fund, AIA Bhd.

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