Monday 13 February 2012

London Biscuits climbs, to go private

London Biscuits Bhd, a food and confectionery company, advanced 4.3 per cent to 85 sen, bound for the highest close since Dec 8.

The company wants to raise as much as RM29 million in a private placement, it said in a regulatory filing. The company will sell shares at RM1 ringgit, it said. -- Bloomberg



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