Cuscapi to place out RM7.6mil new shares


PETALING JAYA: Cuscapi Bhd is planning to place out new shares to raise as much as RM7.63mil for working capital purposes.

In a filing with Bursa Malaysia yesterday, the company said the proposed private placement entails the issuance of 56.94 million new ordinary shares, representing up to 10% of the total number of the company’s shares, to third party investors.

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Business , Cuscapi , rights issue , fund raising

   

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