YB Ventures plans to raise up to RM146mil


In a filing with Bursa Malaysia yesterday, the company said the proposed private placement would be to install a rooftop solar photovoltaic (PV) system at its factory building and warehouse in Kulai, Johor Bahru, future viable investments, and working capita

KUALA LUMPUR: Tiles manufacturer and information technology (IT) company YB Ventures Bhd has proposed to undertake a private placement of up to 20% of its total number of issued shares to raise between RM21.1mil and RM145.9mil.

In a filing with Bursa Malaysia yesterday, the company said the proposed private placement would be to install a rooftop solar photovoltaic (PV) system at its factory building and warehouse in Kulai, Johor Bahru, future viable investments, and working capital.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Trade showing remains on upward trajectory
Maxis pledges full support to government’s 5G delivery model
Fajarbaru Builder secures RM13mil job
MKH Oil Palm IPO oversubscribed
How Sin-Kung leveraged air cargo for its success
Domestic office-sector REITs stay cautious
‘Muted optimism’
US existing-home sales decline as rates keep buyers sidelined
1Q GDP growth likely to have accelerated to 3.9%
MARC: Room to improve current account balance

Others Also Read