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Brokers' take
Published Wed, Jun 3, 2015 · 09:50 PM
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Ezra Holdings | Sell
June 3 close: S$0.335
Fair value: S$0.26
OCBC Investment Research, June 3
EZRA Holdings has proposed a renounceable rights issue of up to 2.02 billion new shares ... It has also proposed an issue of fixed rate convertible bonds due 2020 ...
Total estimated net proceeds is about US$289.5 million, and an extraordinary general meeting will b…
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