EON Cap plans RM1bil fund-raising exercise


KUALA LUMPUR: EON Capital Bhd has submitted an application to raise RM1bil in Tier 1 capital, barely a week after Bank Negara rejected the group’s plan to sell new warrants to shareholder Primus Pacific Partners LLC for RM29.5mil.

“We hope to raise at least RM500mil from the RM1bil innovative Tier 1 capital programme,” chairman Tan Sri Syed Anwar Jamalullail told reporters after the group’s AGM yesterday.

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RM12.33/month

Billed as RM148.00/year

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