M3 Technologies fixes private placement issue price at 3.6 sen per share

M3 Technologies fixes private placement issue price at 3.6 sen per share

The Edge Markets - Malaysia·2019-12-11 19:19

KUALA LUMPUR (Dec 11): M3 Technologies (Asia) Bhd has fixed the issue price for the placement of 58.43 million placement shares at 3.6 sen per share.

In a filing today, M3 said the issue price represents a discount of 10% to the five-day volume weighted average price (VWAP) of its shares up to Dec 10 of four sen.

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