According to RHB research, Dayang Enterprise's proposed private placement of 10 per cent of its paid up capital at an indicative price of 3 ringgit 69 sen is expected to raise proceeds of up to 304 point 4 million ringgit.<br /><br />The research house said in a report that 98 per cent of the proceeds will be utilised for working capital and to fund future investment projects.<br /><br />Astro AWANI LIVE http://www.astroawani.com/videos/live<br />Subscibe to NJOI AWANI https://www.youtube.com/njoiawani<br />Follow us on Website http://www.astroawani.com<br />Like us on Facebook https://www.facebook.com/astroawani<br />Follow us on Twitter https://twitter.com/501Awani<br />Follow us on Instagram http://instagram.com/501awani
