News and Announcements
Altech $2 Million Share Placement to Cornerstone Investor
- Published April 13, 2017 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Highlights
- A$2 million raised via share placement to existing cornerstone investor
- Placement priced at $0.14 per share, an 8% premium
- Existing Malaysian shareholder MAA Group Berhad
- Funds applied to detailed design and engineering
Altech Chemicals Limited (Altech/the Company) (ASX:ATC) is pleased to announce a $2 million share placement (the Placement) to existing cornerstone investor, MAA Group Berhad (MAAG).
The Placement shares will be issued at 14 cents per share, which represents an ~8% premium to the 12 April 2017 closing price of the Company’s shares as traded on the Australian Securities Exchange.
Company Updates
The Index Approach in Early-Stage Venture Capital: Reconsidered
The venture capital (VC) landscape is marked by its dynamism and complexity, especially in early-stage investing. The traditional approach in VC, characterised by a selective and intensive vetting process, often contrasts with the concept of ‘index investing.’ This article revisits the indexing approach in early-stage VC, incorporating insights from recent studies and data, including a […]
The Future Is Now: The Evolution of Dealflow with Wholesale Investor
If you’ve ever thought of investing or expanding your portfolio, there’s no better time than the present. In the fast-paced world of investment, things are changing at a breathtaking speed, and it’s crucial to stay ahead of the game. The Future of Deal Flow is Today Dealflow, the lifeblood of the investment world, is not […]
Investability of a Startup: A Comprehensive Guide for Angels and High-Net Worth Investors
Venturing into the Startup Scene Let’s dive into the intriguing world of startups. It’s a thrilling ride, isn’t it? Like finding a pearl in an ocean, spotting a promising startup amidst a sea of businesses is no easy task. This guide aims to light the way, focusing on the “The Investability of a Startup: 7 […]
Backed By Leading Investment Groups and Family Offices
