iCar Asia raises A$11.5m via share placement, to raise additional A$3.5m from rights issue

iCar Asia raises A$11.5m via share placement, to raise additional A$3.5m from rights issue

Brand logo from the company website

iCar Asia Limited has completed a placement of new shares to select institutional investors, raising  A$11.5 million at an issue price of A$0.65 per share.

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