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(From Chemical Business NewsBase - The Star (Malaysia))
Daya Materials Bhd (Daya) expects to raise Ringgit 13.09 M from its listing on the Mesdaq market in Aug 2005. The proceeds would be used for research and development (R&D), expansion of production capabilities and selective market expansion activities. The listing involves an offer of 56.89 M shares of 10 Sen each at an issue price of 23 Sen/share. The company plans to allot 3 M shares to the public, 4 M for ...