Sasbadi plans RM18.5mil expansion


KUALA LUMPUR: Sasbadi Holdings Bhd, which will be listed on the Main Market of Bursa Malaysia on July 23, aims to spend RM11.5mil to acquire a publishing business and RM7mil to buy an office cum warehouse building.

Based on the listing price of RM1.19 per share, the company would raise RM25.23mil from the issuance of 21.2 million new shares and RM42.78mil from offering for sale 35.95 million existing shares.

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Business , Sasbadi Holdings Bhd

   

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