PETALING JAYA: Perisai Petroleum Teknologi Bhd’s private placement of 108.4 million new shares at RM1.53 each has been oversubscribed by more than two times.
The deal, which will raise RM165.9mil for the company, was arranged by Kenanga Investment Bank Bhd as the principal adviser and joint placement agent along with Maybank Investment Bank Bhd.
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