PETALING JAYA: Yong Tai Bhd
plans to raise RM144mil by issuing 400 million new shares to its major shareholders, including its chief executive officer Datuk Wira Boo Kuang Loon to part finance its development projects.
The tourism and cultural related property developer said in a statement yesterday Boo would subscribe to 100 million shares at 36 sen each via Domain Capital Sdn Bhd (DCSB).
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