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Categories
| Hubline fixes placement shares at 20c each, premium of 150% |
| Business & Markets 2012 | |||
| Written by Joseph Chin of theedgemalaysia.com | |||
| Friday, 27 January 2012 19:51 | |||
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KUALA LUMPUR (Jan 27): HUBLINE BHD [] has fixed the issue price for the private placement of 15 million shares together with 22.50 million additional warrants at 20 sen per placement share. It said on Friday the issue price was a premium of 150% to the five-days volume weighted average market price of Hubline shares up to and including Jan 26 of 8.0 sen per share. It closed at 8.5 sen on Friday.
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