Brief: Ramba Energy Updates On Proposed Placement

Eneco Energy

22/11/2018 13:50

Nov 22 (Reuters) - Ramba Energy Ltd  RAMB.SI :
    * TO ALLOT AND ISSUE AN AGGREGATE OF 96.8 MILLION NEW
ORDINARY
SHARES AT S$0.105 PER PLACEMENT SHARE
    * ENTERED INTO A SHARE PLACEMENT AGREEMENT WITH ENECO
INVESTMENT
PTE. LTD
    * NET PROCEEDS FROM ALLOTMENT AND ISSUE OF PLACEMENT SHARES
IS
ABOUT S$9.8 MILLION

Source text for Eikon:  ID:nSNZ4jGBXr 
Further company coverage:  RAMB.SI 

 ((Reuters.Briefs@thomsonreuters.com;))