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Sime Darby's RM2.36b share placement oversubscribed

Thursday, October 6, 2016 - 05:50

Kuala Lumpur

MALAYSIAN palm oil firm Sime Darby Bhd said on Wednesday its share placement to raise RM2.36 billion (S$780 million) was oversubscribed due to strong demand from institutional investors.

The sale is the second largest equity markets deal in South-east Asia this year

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