PETALING JAYA: Tanjung Offshore Bhd has fixed the issue price of its private placement exercise of up to 29.82 million new shares at 57 sen each, representing 10% of the issued and paid-up capital of the company.
It told Bursa Malaysia yesterday that the 57 sen per placement share price represented a premium of 2.2% to the company’s five-day volume weighted average market price up to and including Sept 6 of 55.8 sen per share.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
