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Turners Automotive's $25 million placement fully subscribed

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Turners Automotive Group's $25 million placement was fully subscribed yesterday with the underwriter not called on to top up the discounted offer.

The Auckland-based company sold about 8.3 million shares at $3.02 apiece yesterday, which it says will go towards "strategic growth opportunities" including the continued expansion of its loan book and potential property and........

© The National Business Review