Tuesday, July 26, 2011

MalaccaTrust

MalaccaTrust: IPO on Catalist with 85m shares at $0.22, 1.32x over-subscribed, of which 83m were placement shares. Co raised approx net proceeds of $16.7m and intends to use $16.0m for repayment of borrowings. Co is a Indonesia based financial services grp with net profit of IDR40.5b ($5.7m)

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