London Biscuits's fund-raising proposal


PETALING JAYA: London Biscuits Bhd has proposed a private placement of 16.35 million shares or 10% of its paid-up, at an indicative price of RM1 a share.

It said in a filing with Bursa Malaysia that the private placement would enable it to raise RM16.35mil of which RM10mil would be used to repay bank borrowings.

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Business , Corporate News , London Biscuits , 7126

   

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