Monday 5 March 2012

Hubline fixes 16.50m placement shares at 20 sen each

KUALA LUMPUR (March 6): HUBLINE BHD [] has fixed the price for the 16.50 million placement shares with 24.75 million additional warrants at 20 sen per share.

It said on Monday the issue price was 122% above the five-days volume weighted average market price of Hubline shares up to and including March 2 of nine sen per Hubline share.



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