I-Bhd to raise minimum of RM100mil from rights issue


  • Business
  • Thursday, 11 Jul 2019

Recent comments by the Selangor Menteri Besar on the potential of i-City being a part of Selangor

PETALING JAYA: I-Bhd plans to make a cash call by raising a minimum of RM100mil under a proposed rights issue of redeemable cumulative convertible preference shares (RCCPS).

The company said it was extending the maturity date of its redeemable convertible unsecured loan stocks (RCULS) of about RM201mil (RCULS extension) maturing on Aug 27, 2019 by three years.

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