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Keong Hong Holdings Limited is pleased to announce that its initial public offering of 27.0 million placement shares at an issue price of S$0.24 each was fully subscribed. The IPO, comprising 27.0 million new shares, was fully placed out to institutional and private investors. At the close of the application list at 12.00 noon on December 14, 2011, all the 27.0 million Placement Shares have been validly subscribed for and application monies received for these Placement Shares amounted to approximately S$6.48 million...Attachments: Source: ShareInvestor Express
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