A model of one of the many Ibraco projects. - File pic
PETALING JAYA: Property developer Ibraco Bhd
is gearing up for long-term growth with its proposed private placement of up to 49.6 million new shares.
More excitingly, the exercise could potentially see the entry of strategic investors into the Sarawak-based company to realise synergies through this exercise, said TA Research.
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