WCT hopes to increase its order book to RM4bil.
PETALING JAYA: Construction and infrastructure outfit WCT Holdings Bhd
has proposed to undertake a corporate exercise that includes a renounceable rights issue to raise RM107.6mil to RM143.22mil.
In a filing with Bursa Malaysia, WCT said the proposed renounceable rights issue comprises up to 143.22 million new ordinary shares of 50 sen each, on the basis of one rights share for every 10 existing WCT shares held.
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