PETALING JAYA: The placees for the recently proposed placement of WCT Holdings Bhd new shares are likely to be “strategic investors”, according to AmInvestment Bank Bhd.
“We understand that the target placees will primarily be ‘strategic investors’ who are parties ‘friendly’ to the controlling shareholder.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!