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News Malayan Cement to raise US$55.0m through share placement

Malayan Cement to raise US$55.0m through share placement

Written by Global Cement staff 16 April 2021
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Malaysia: Malayan Cement is expected to raise US$55.0m through a proposed placement of 10% of its shares. Bernama Daily Malaysian News has reported that the company plans to use US$13.1m as working capital. The remainder will repay its bank debts.

Last modified on 21 April 2021
Published in Global Cement News
Tagged under
  • Malayan Cement
  • Malaysia
  • funding
  • GCW502

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