KUALA LUMPUR: Unisem (M) Bhd
has priced the last tranche of its new shares to be placed out at near record high, as global shortage of electronic chips fuelled investors' demand for semiconductor stocks.
CIMB Investment Bank Bhd, on behalf of the company told the stock exchange today that the issue price of the remaining 21.08 million Unisem shares has been set at RM7.70 each.
This was a 7% premium compared with the five-day volume weighted average market price up to Jan 19 of RM7.19 a share.
The stock was last traded at RM7.79 on Wednesday.
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