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The latest update is out from KMC Properties ASA ( (DE:5FM) ).
KMC Properties ASA has announced a private placement of 689,655 new shares to Bekken Invest AS, raising approximately NOK 4 million. This transaction results in Bekken Invest holding a majority stake of 52.87% in KMC Properties, potentially increasing to 52.91% following the completion of a mandatory offer.
More about KMC Properties ASA
Average Trading Volume: 78,163
Current Market Cap: NOK29.2M
See more data about 5FM stock on TipRanks’ Stock Analysis page.