Steel Hawk Bhd aims to raise RM3.2mil from a listing on the LEAP Market of Bursa Malaysia
KUALA LUMPUR: Oil and gas support services provider Steel Hawk Bhd
aims to raise RM3.2mil from a listing on the LEAP Market of Bursa Malaysia to fund its expansion plans.
In a statement issued in conjunction with the launch of its information memorandum, the group said the exercise involves the placement of 16 million shares, or 10% of its enlarged issued share capital, to selected sophisticated investors at 20 sen per share.
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