July 29 (Reuters) - Megaport Ltd MP1.AX :
* Launch of capital raising MP1.AX
* Undertaken a private placement of 10.5 million fully paid ordinary shares to raise $17.85 million
* Net proceeds of placement will be used for capital expenditure, ongoing cost of network, services and staff, and network investment
* Source text for Eikon ID:nASX87Xt11
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