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Ramunia falls on discounted share offer price (7206)

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Ramunia falls on discounted share offer price (7206) Empty Ramunia falls on discounted share offer price (7206)

Post by hlk Fri 22 Jun 2012, 13:31

Ramunia Holdings Bhd, an oil and gas services provider, fell 1.2 per
cent to 42.5 sen in Kuala Lumpur trading at 9.55am, headed for its
steepest decline since June 14.

The company fixed the offer
price for shares in a rights issue at 40 sen each, a discount to its
closing price on June 20 before the price-fixing date, it said in a
stock-exchange filing. - Bloomberg
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