Cypark proposes RM108mil private placement to fund solar project


KUALA LUMPUR (Bernama) -- Cypark Resources Bhd has proposed to undertake a private placement of up to 105 million new ordinary shares, representing up to 20% of the total number of issued share in the company.

In a filing with Bursa Malaysia today, Cypark Resources said the issue price would be determined and announced later.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

Cypark Resources , solar

   

Next In Business News

KSL acquires 183 acres of land in Johor for RM211.58mil
Sunway aims to accelerate decarbonisation efforts
Public Mutual declares distributions of RM130mil for four funds
Transocean changes name to Arka
Fire outbreak at paint processing plant not a subsidiary of Kossan
Duopharma gets RM578mil supply contract
FBM KLCI steps back 0.42% as YTL Power weighs
Hong Kong businesses shut shop as city struggles to revive post pandemic
Malacca Securities sets Farm Price’s fair value at 85% premium ahead of IPO
Airbus Helicopters eyes to grow its military market share in Malaysia

Others Also Read