Perdana Petroleum's RCPS issue gets 94% subscription


Perdana Petroleum said the minimum subscription level for the RCPS rights issue was 1.40 billion units.

KUALA LUMPUR: Perdana Petroleum Bhd's renounceable rights issue of up to 1.55 billion new redeemable convertible preference shares (RCPS) received 94.01% valid acceptances.

The 94.01% comprised of 1.46 billion units or 1.45 billion acceptances and 12.28 million excess applications. A total of 5.99% or 93.31 million RCPS were not subscribed for.

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Perdana Petroleum , RCPS , rights issue

   

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