BUZZ-Australia's <a href="https://laohu8.com/S/FDR.AU">Finder Energy</a> Holdings drops on discounted placement** Finder Energy Holdings FDR.AX drops as much as 4.3% to A$0.45
** Oil and gas explorer to raise A$25 mln ($16.4 mln) through placement
** Offer price of A$0.37 represents 21.3% discount to last close
** Co to acquire PJI from Amplus Energy for $15 million in cash and shares
** Placement to fund Kuda Tasi/Jahal (KTJ) Project through FPSO Petrojarl I (PJI) acquisition
** KTJ project is an oil and gas offshore reserve in Timor-Leste, South-east Asia
** YTD, FDR surges 1,092.31%
($1 = A$1.5209)
(Reporting by Aamir Sheik Khalid in Bengaluru)
((Aamir.SheikKhalid@thomsonreuters.com))
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