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Cityneon places out 40m shares at S$0.55 each
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Nisha Ramchandani
Published Wed, May 11, 2016 · 09:50 PM
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Singapore
MAINBOARD-listed Cityneon Holdings has placed out 40 million shares at S$0.55 per share to CMC Holdings and other institutional and financial investors as part of its efforts to institutionalise its investor base and boost liquidity.
Of the 40 million shares, 20 million are new shares and 20 million are vendor shares.
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