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Magma Group Completes Private Placement of Shares

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-- Magma Group (KLSE:MAGMA) completed the listing and quotation of 18.9 million shares on the Main Market of Bursa Securities, according to a Monday Malaysian bourse filing.

Shares dropped about 2% in Tuesday's recent trade.

The company had proposed a private placement of up to 10% of its total shares to third-party investors.

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