KUALA LUMPUR: Property developer LBS Bina Group Bhd is injecting RM13.43mil into loss-making VTI Vintage Bhd, which is undertaking a regularisation exercise.
LBS, in a filing with Bursa, said that it was subscribing for eight million new shares in VTI under a placement exercise for RM4mil or 50 sen each and another eight million new shares together with warrants on the basis of one warrant for every two rights shares for RM4mil.
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