BRIEF-Ramba Energy Updates On Proposed Placement
Nov 22 (Reuters) - Ramba Energy Ltd:
* TO ALLOT AND ISSUE AN AGGREGATE OF 96.8 MILLION NEW ORDINARY SHARES AT S$0.105 PER PLACEMENT SHARE
* ENTERED INTO A SHARE PLACEMENT AGREEMENT WITH ENECO INVESTMENT PTE. LTD
* NET PROCEEDS FROM ALLOTMENT AND ISSUE OF PLACEMENT SHARES IS ABOUT S$9.8 MILLION Source text for Eikon: Further company coverage: