Well Chip Group fixes rights issue price at RM1.00, a discount to market
Well Chip Group Berhad fixed the issue price for its renounceable rights issue of new ordinary shares at RM1.00 per share, aiming to raise a minimum of RM60.83 million. The price represents a discount of approximately 14.00% to the theoretical ex-rights price (TERP) of RM1.1628 per share.