Tuesday, October 19, 2010
Straits Trading
Straits Trading: Straits Trading’s subsidiary (73.12% owned) Malaysia Smelting Corp is planning to issue 12.5m - 25m shares for its secondary listing on SGX. The listing is to happen by 1Q11 and could raise about RM100m based on the expected issue share price of RM4. This listing has been submitted by the Singapore Branch of CIMB Bank.
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