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.
Malayan Cement to raise US$55.0m through share placement
URL: https://globalcement.com/news/item/12272-malayan-cement-to-raise-us-55-0m-through-share-placement
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