The Kuala Lumpur-listed offshore specialist will sell 48.4million new shares, or 10% of the outstanding number of shares, at MYR 4.30 each, it revealed today.
The offer represents a discount of around 10% to the closingprice of MYR 4.81 today.
Shares have risen steadily from MYR 4.45 apiece when theplacement was first announced on 26 February.
Coastal will pocket a total of MYR 208m ($63.25m)
