KUALA LUMPUR: Sam Engineering and Equipment
(M) Bhd’s return on equity (ROE) may see a slight dilution following its recent rights issuance, says CGS-CIMB Research.
The rights issue was done to fund the acquisition of the entire stake in Aviatron (M) Sdn Bhd for RM203mil in cash from its major shareholder Singapore Aerospace Manufacturing Pte Ltd.
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