In a filing with Bursa Malaysia yesterday, the construction group said that based on the indicative issue price of 5.5 sen per placement share, the proposed private placement is expected to raise gross proceeds of RM10.54mil.
KUALA LUMPUR: ACE Market-listed SC Estate Builder Bhd
has proposed to undertake a private placement of up to 20% of the total number of issued shares to third party investors at an issue price to be determined later.
In a filing with Bursa Malaysia yesterday, the construction group said that based on the indicative issue price of 5.5 sen per placement share, the proposed private placement is expected to raise gross proceeds of RM10.54mil.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
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!
