Multiexport puts 12% of its property in the local stock market
The SSE reported that the offerer company is Larraín Vial which will proceed through an auction in an order book platform that started on Wednesday September 8th and will continue until today Friday September 10th. There is a minimum price reserved.
Multiexport announced that the funds raised through this stock placement will be reinvested in the company through the subscription of a capital raising that has to be agreed in the next extraordinary meeting of shareholders to be held on September 29th. In the meantime, those funds will remain in an escrow account.
The stock price of Multiexport has experienced a profitability rate of -4.87% this month and an accumulated profitability of 146.27% this year in the SSE.
