Malayan Cement to raise US$55.0m through share placement

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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

URL: https://www.globalcement.com/news/item/12272-malayan-cement-to-raise-us-55-0m-through-share-placement

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