CHHB plans private placement

In a filing with Bursa Malaysia, the property developer said the exercise entails up to 54.71 million new shares representing 20% of its existing shares.

KUALA LUMPUR: Country Heights Holdings Bhd (CHHB) seeks to undertake a proposed private placement to raise RM58.81mil.

In a filing with Bursa Malaysia, the property developer said the exercise entails up to 54.71 million new shares representing 20% of its existing shares.