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Corporate News

Cape EMS raises RM73.83mil

PETALING JAYA: Cape EMS Bhd has raised RM73.83mil via a private placement exercise involving 69 million of the company’s shares.

The company has proposed to acquire US-based electronic manufacturing services company iConn Inc for US$16.5mil to strengthen its presence in the US market.

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CapeEMS , PrivatePlacement , CapitalRaising , Acquisition , USMarket , IPO , iConnInc

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