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Tune Ins Holdings Bhd Raises MYR283.8 Million From Malaysia Initial Public Offering-DJ


Tuesday, 5 Feb 2013 07:12am EST 

Dow Jones reported that Tune Ins Holdings Bhd raised MYR283.8 million ($91.9 million) from an Initial Public Offering in the Southeast Asian nation. The shares were priced at MYR1.35 each, the Company said in a statement to the Malaysian stock exchange. Trading in the 210.2 million shares is expected to start February 20. Tune Ins sells insurance products online to customers via AirAsia's online booking system, and has a general insurance business in Malaysia. 

Company Quote

2.22
-0.01 -0.45%
4:50am EDT