Brief: Yongnam Holdings entered placement agreement with CIMB Securities (Singapore)
Oct 5 (Reuters) - Yongnam Holdings Ltd YNAM.SI
* Entered into a placement agreement with CIMB Securities
(Singapore) Pte as placement agent
* Proposed placement will allow company to raise net cash
proceeds of about S$11.9 million
* Placement of up to 47.5 million new ordinary shares of co
at S$0.255 for each placement share for S$12.1 million
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