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Provider: Thomson Reuters Stock Report
Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Thomson Reuters Stock Report

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DVM Technology Bhd updates on proposed private placement

Monday, 24 Feb 2014 07:00pm EST 

DVM Technology Bhd:Says proposes private placement entails the issuance of up to 87,120,000 new ordinary shares of 0.10 Ringgit in DVM, representing up to ten percent (10%) of the enlarged issued and paid-up share capital of DVM of 87,120,000 Ringgit comprising 871,200,000 DVM Shares.Says for illustrative purposes, based on the indicative issue price of 0.10 Ringgit per Placement Share, the gross proceeds will of up to 8.71 Ringgit million.Says the proceeds are expected to be utilised by DVM and its wholly-owned subsidiaries for purchase of computer hardware, data centre operations, and for estimated expenses in relation to the proposed private placement. 

Company Quote

30 Oct 2014