KUALA LUMPUR: Inari Amertron Bhd
has proposed to issue up to 333 million new shares to investors, as the electronics manufacturing firm seeks fresh funds for working capital, as well as for potential acquisitions and investments.
Based on the indicative price of RM3.20 each, the private placement exercise would raise as much as RM1.065bil.
This would increase Inari’s issued share capital by 10%. Shares in Inari were last traded at RM3.26 yesterday.
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