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Teledata raising $2.3m through placement

Wednesday, January 8, 2014 - 06:00

TELEDATA (Singapore) Limited is placing out up to 240 million new shares in an exercise that will raise net proceeds of about $2.33 million. The shares will be issued at 1.02 cents apiece, which represents a discount of 7.27 per cent to the volume-weighted average price of 1.1 cent. Net proceeds

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