<div class=newsTextDataWrapInner><p>KUALA LUMPUR (April 17): Oil and gas services provider Dayang Enterprise Holdings Bhd has fixed the price of the shares to be issued under its private placement exercise at RM1.016 apiece.</p></div>

<div class=newsTextDataWrapInner><p>This represents a discount of 9.993% to the five-day volume weighted average market price of Dayang Enterprise shares up to April 14, the company said in a filing with Bursa Malaysia.</p></div>

<div class=newsTextDataWrapInner><p>On Feb 24, Dayang announced it intends to raise around RM87.71 million by placing out some 87.71 million shares.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>At RM1.016, Dayang is expected to raise gross proceeds of RM89.11 million, if all placement shares are placed out.</p></div>

<div class=newsTextDataWrapInner><p>The company said it will use the bulk of the proceeds to repay its borrowings, which stood at RM1.64 billion as at end-December 2016.</p></div>

<div class=newsTextDataWrapInner><p>Shares of the Main Market-listed Dayang Enterprise closed unchanged at RM1.13 today, for a market capitalisation of RM991.12 million.</p></div>


KUALA LUMPUR (April 17): Oil and gas services provider Dayang Enterprise Holdings Bhd has fixed the price of the shares to be issued under its private placement exercise at RM1.016 apiece.

This represents a discount of 9.993% to the five-day volume weighted average market price of Dayan...

Dayang Enterprises fixes private placement shares at RM1.016

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<p>For the Nov 18 issue of <i>City &amp; Country</i>, our cover story features Berjaya Hartanah Bhd, a wholly-owned subsidiary of Berjaya Land Bhd (KL:BJLAND), as it gets ready to launch Oaka Residences in Bukit Jalil, Kuala Lumpur on Nov 22.</p>


<p>The Hour Glass’ exceptional customer service is a key factor contributing to its reputation as one of the region’s most respected specialist watch retailers. While its extensive range of timepieces and brands is undeniably alluring, it is oftentimes the intimate connections forged through its personnel that cultivate multi-generational loyalty.</p>
