Dymon invests $15m in Malaysia bottled water company
Singapore-based Dymon Asia Private Equity has agreed to acquire a 13% stake in Malaysia-based and Myanmar-listed bottled water producer Spritzer for about MYR63 million ($15 million).
The investment includes the purchase of about 27.4 million shares at MYR2.33 apiece. Spritzer stock spiked almost 9% prior to the announcement of the placement and was trading at MYR2.19 as of mid-morning...
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