Oxley: to debut on Catalist board today. The 224m new shares, offered by way of placement, were sold at $0.38 each to a mix of institutional and HNI, total raised of $85.12m. More than 5% of placement, 11.8m shares went to a single person, Lim Siah Mong…
… Plans to use listing proceeds of $85m to partially fund the acquisition of 5 sites already on its books, buy new sites and working capital requirements. Grey price approx $0.42. NAV per share for is at 8 cents and is priced at a high of 4.75x P/NAV compared to indus avg of 0.8 -1.2x.
No comments:
Post a Comment