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Further to our announcement dated 21 May 1999 in relation to the above, Commerce International Merchant Bankers Berhad is pleased to announce on behalf of the Company that the Company has completed the placement of 10,064,000 new ordinary shares of RM1.00 each in Tanco at RM1.33 per share.
All the 10,064,000 placement shares were successfully allotted and listed on the Main Board of the Kuala Lumpur Stock Exchange on 21 July 1999 and 30 July 1999 respectively.