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 Serba Dinamik Group Bhd, Upcoming IPO

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danielcmugen
post Jan 10 2018, 01:11 PM

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QUOTE(nexona88 @ Jan 9 2018, 03:40 PM)
Serba Dinamik Holdings Bhd has proposed to place out new shares to independent third party investor(s) to be identified in order to raise up to RM433.89 million, mainly for the partial development of Pengerang eco-Industrial Park (PeIP).

https://www.theedgemarkets.com/article/serb...-raise-rm43389m
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Is the effect same as rights issue? In the short term, share price drop a bit cuz it become more diluted.

 

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