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Resource Holding Management Raises GBP332,664 Through Warrant Sale (ALLISS)

6th Mar 2015 12:19

LONDON (Alliance News) - Malaysian investment company Resource Holding Management Ltd Friday said it had raised GBP332,664, or MYR1.8 million, through the sale of 18.1 million warrants in PUC Founder MSC Berhad between Tuesday and Friday.

The warrants were sold via its subsidiary RedHot Media International Ltd as follows:

Date of sale

Number of PUCF Warrants sold

Price transacted (RM)

3 March 2015

7,893,400

0.111

4 March 2015

5,835,019

0.096

5 March 2015

2,848,000

0.095

6 March 2015

1,531,500

0.090


It plans to use the proceeds for its general working capital.

Shares in Resource Holding Management are untraded Friday. It last closed at 7.89 pence.

By Hana Stewart-Smith; [email protected]; @HanaSSAllNews

Copyright 2015 Alliance News Limited. All Rights Reserved.


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