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Provider: Reuters Investment Profile
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OBJ Ltd Announces Non-Renounceable Rights Issue

Wednesday, 27 Feb 2013 10:48pm EST 

OBJ Ltd announced that it intends to undertake a capital raising to raise up to approximately AUD 3.61 million (before expenses of the capital raising). The Company intends to undertake a fully underwritten non-renounceable pro rata offer of approximately 235,099,450 fully paid ordinary shares (New Shares) to raise approximately AUD 3.53 million (before expenses) (Rights Issue Offer). Under the proposed Rights Issue Offer, eligible shareholders will be entitled to subscribe for one New Share for every five fully paid ordinary shares held at the record date, at an issue price of AUD 0.015 per New Share. 

Company Quote

24 Dec 2014