[Dow Jones] IPO WATCH: Ban Leong Tech, distributor of IT products, accessories, plans to raise $4.3 million net from IPO; this by offering 28.8 million shares at 22 cents each, where 2.8 million will be set aside for public, rest for placement. Intends to use proceeds to expand its product range, build up its technical, engineering capabilities, also increase presence in region. Offer closes Tuesday, will list on Main Board Thursday. (CAW)

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