KPI forced to find new funds

PUBLISHED : Wednesday, 01 April, 1998, 12:00am
UPDATED : Wednesday, 01 April, 1998, 12:00am

KPI Co has been forced to find an alternative to raise funds after a proposed placement of new shares lapsed. The company said some conditions of the placing and subscription agreement were not fulfilled by yesterday's deadline. Details of the new placement and subscription exercise have yet to be finalised.


 

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