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Raya Group Ltd Announces Placement Of $1.55 Million Of SPP Shortfall

Monday, 22 Jul 2013 02:26am EDT 

Raya Group Ltd announced that it has been able to place a total amount of $1,550,000 to Sophisticated Investors and Directors following the completion of the placement of shortfall amounts under its recently completed Share Purchase Plan. The placement of the SPP shortfall was managed by Melbourne Capital Limited (Melbourne Capital) under a Mandate Agreement between Raya and Melbourne Capital that was signed in May 2013. 

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