Thursday, December 1, 2011

London Biscuits 10.25m placement shares fixed at RM1 each

KUALA LUMPUR (Dec 1): LONDON BISCUITS BHD []'s private placement of 10.25 million new shares of RM1 each has been fixed at RM1 per share.

It said on Thursday the RM1 issue price was about 22% above the five-days volume weighted average market price up to and including Nov 30 of 82 sen per share.

The placement shares represented 10% of its paid-up share capital.

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