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Dufu Technology Corp Bhd Announces Rights Issue Of New Shares


Monday, 15 Jul 2013 05:05am EDT 

Dufu Technology Corp Bhd announced that with reference to the earlier announcement, the Company announced the close of acceptance, excess application and payment for the Two-Call Rights Issue at 5.00 p.m. on July 8, 2013 (Closing Date), the total valid acceptances and excess applications received for the Two-Call Rights Issue was 50,470,370 Rights Shares, which represents a subscription rate of 84.12% over the total of 60,000,000 Rights Shares available for subscription under the Two-Call Rights Issue. As there is under subscription of the Rights Shares, the Board has allocated 5,000,000 Rights Shares to Khoo Lay Tatt pursuant to KLT Undertaking (as defined in the Abridged Prospectus dated 21 June 2013 (Abridged Prospectus)). Together with Khoo Lay Tatt’s subscription, the total valid acceptances and excess applications received for the Two-Call Rights Issue was 55,470,370 Rights Shares, which represent a subscription rate of 92.45%. As such, the minimum subscription level of 34,000,032 Rights Shares has been met. 

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