PETALING JAYA: Sarawak Cable Bhd has proposed to undertake a private placement exercise to raise up to RM7.29mil to finance its working capital.
In its filings with Bursa Malaysia, the company said the proposed private placement would entail issuance of up to 31.7 million shares, representing up to 10% of the existing share capital.
Already a subscriber? Log in.
Subscribe to win RM50 Touch 'n Go e-Voucher! More Info
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!