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Capital VC (2324) terminates placing
Company announcement, 27-Apr-2018
This follows a complaint by Webb-site to the SFC on 2-Feb-2018 regarding the 84.9% discount of the placing price to net asset value per share of this closed-end investment company, and 3 subsequent extensions of the completion date. The termination announcement fails to state what "conditions precedent" have not been fulfilled, but the only disclosed condition in the placing announcement was listing approval for the new shares.
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