18th Apr 2016 09:07
LONDON (Alliance News) - Myanmar Investments International Ltd on Monday said it is considering raising funds through an equity issue.
The investment company said it will seek a substantial fundraising, the proceeds of which will be used to fund its pipeline of acquisition opportunities in Myanmar.
No details on the fundraising were provided, but the group said it expects the proceeds to be deployed within six months of raising.
Myanmar Investments shares were untraded on Monday, having last traded at 1.42 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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