BRIEF-Metal Component Engineering Proposes Placement Of New Shares
May 20 (Reuters) - Metal Component Engineering Ltd :
* PROPOSES PLACEMENT OF 155 MILLION NEW SHARES AT ISSUE PRICE OF S$0.022 FOR EACH SHARE
* ESTIMATED NET PROCEEDS FROM PLACEMENT S$3.4 MILLION Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)