Ta Win plans private placement

TA Win said the exercise was expected to raise up to RM187.8mil in proceeds based on the illustrated issue price of 16 sen per placement share.

PETALING JAYA: Ta Win Holdings Bhd has proposed a private placement of up to 20% of issued shares to expand signal and power solutions business.

In a statement, the company said the exercise was expected to raise up to RM187.8mil in proceeds based on the illustrated issue price of 16 sen per placement share.