Tashin to issue 59 million new shares for listing


  • Business
  • Wednesday, 15 May 2019

KUALA LUMPUR: Steel products manufacturer Tashin Holdings Bhd will issue 59.33 million new shares, or 17% of the enlarged share capital, as it seeks to list on the ACE Market of Bursa Malaysia.

It said that of the 59.33 million new shares, it would offer 17.45 million units to the public via balloting; 8.72 million shares for eligible directors and employees as well as eligible directors and employees of the Prestar Group Bhd.

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