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.
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