Oxley in private placement of treasury shares to raise $13 mil for working capital purposes

SINGAPORE (Oct 12): Oxley Holdings is selling 22.7 million treasury shares at 59 cents each in a private placement to raise $13.4 million.

Oxley has appointed Maybank Kim Eng Securities as the placement agent.

The placement price represents a discount of 8.3% to the volume weighted average price of 64.34 cents per share for all trades done on Thursday.

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