Dezign Format says that it attracted commitments from various institutional investor groups, such as Asdew Acquisitions, Lion Global Investors, Maybank Asset Management, Nikko Asset Management, Pheim Asset Management and Ginko-AGT Global Growth Fund.
Dezign Format Group raised total gross proceeds of $6.5 million from the placement of 32.5 million shares at 20 cents per share.
The company, which is a design-and-build specialist that provides events, exhibitions and decor services, will commence the trading of its shares on Aug 15 under the ticker symbol UZF.
