Myanmar Investments International said following its announcement regarding its US$4.2m gross fund raising, that the 3.25m new shares of nil par value each and 811,368 new warrants were admitted to trading on AIM on Sept. 16.
The proceeds of the Fund Raising will be used to fund the Company’s investment pipeline, in order to take advantage of a number of live investment opportunities.
It is expected that, subject to market conditions, the proceeds will be deployed within six months.
At 9:15am: (LON:MIL) Myanmar Investments International Ltd share price was +0p at 1.32p
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