KUALA LUMPUR: China-based Xidelang Holdings Ltd plans to raise between RM42.45mil and up to RM111.9mil under a corporate exercise to fund its new design and production centre.
The company, which makes sport shoes and sportswear, has proposed a proposed renounceable rights issue of up to 322.66 million new shares of 10 US cents each at an issue price of 35 sen per rights share.
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