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Good news to Ah Ne..... he buy cheap cheap rights !! bad for us....
Hulumas ( Date: 27-Apr-2011 08:39) Posted:
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Share price is far below < Sgd. 0.20 in the market. Is that any special reason that the said listed company is allowable to issue the right shares? How about S-chips < Sgd. 0.20, so far I do not see any right issue of the new shares for their corporate action in SGX capital market to combat illiquidity issue in the SGX market?
Hulumas ( Date: 27-Apr-2011 08:39) Posted:
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Good news or bad news?
bsiong ( Date: 27-Apr-2011 00:32) Posted:
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Spice i2i says it raised a total of $150.8 million which will provide the company with funds for potential acquisitions in the near future and for working capital.
About 88% of the 2,742,490,418 rights shares were subscribed by way of valid acceptances and excess rights applications with the remaining 333,972,568 rights shares subscribed to under the underwriting arrangement.
//theedge============================================================
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