PETALING JAYA: Office interiors company AHB Holdings Bhd has proposed to undertake a private placement of up to 10% of its enlarged issued shares, or 23.12 million shares.
In a Bursa Malaysia filing yesterday, the company said that at an assumed issue price of 31.5 sen per placement share, the maximum scenario assuming full exercise of the 71.13 million outstanding warrants 2014/2019 will see the company raising estimated proceeds of RM7.28mil.
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