Post ReplyES Group (Holdings) Limited (the "Company" or "Group") is a marine and offshore group engaged or involved in new building, conversion and repair of ocean-going vessels.
The Company is placing 21.2m New Shares at $0.24 each to raise funds for ex pansion. The market cap post listing is $33.9m. The offer will be via placement and will close on 7 July 2010 at 12pm. The Company also intends to pay out 30% of its net profit as dividends for FY2010.
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