CEO and managing director C.C. Puan (pic) said: “The strong interest in our previous (private) placement shows shareholders’ confidence in Green Packet. With the substantial amount raised via the private placement, we are able to offer better and comprehensive solutions to customers and strengthen our digital segment which meets Green Packet’s investment strategy.”
PETALING JAYA: Green Packet Bhd
has proposed to undertake a private placement to raise up to RM98.9mil to fund its cloud computing business as well as investments in IT infrastructure.
The telecommunications and technology company said the private placement would involve up to 120.2 million shares, equivalent to about 10% of its outstanding issued share capital, at an issue price to be determined and fixed at a future date.
Limited time offer:
Just RM5 per month.
