DBHD proposes private placement to raise RM14.8mil


In a filing with Bursa Malaysia yesterday, DBHD, formerly known as Damansara Realty Bhd, said the proposed private placement entails the issuance of up to 31.84 million new ordinary shares, representing up to 10% of the total number of DBHD shares in issue.

KUALA LUMPUR: Damansara Holdings Bhd (DBHD) has proposed to undertake a private placement of its shares to raise an estimated RM14.76mil for working capital purposes.

In a filing with Bursa Malaysia yesterday, DBHD, formerly known as Damansara Realty Bhd, said the proposed private placement entails the issuance of up to 31.84 million new ordinary shares, representing up to 10% of the total number of DBHD shares in issue.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
DBHD , private placement , Damansara Holdings ,

Next In Business News

ACE Market-bound Kee Ming Group to raise RM31.50mil from IPO
Bursa Malaysia continues uptrend at midday, CI stays above 1,700
Gold crosses US$4,800 for the first time as US, EU spar over Greenland
Oil prices fall as risks from Kazakh production halt subside
ACE Market-bound Ambest aims to raise RM27.5mil from IPO
Steel Hawk unit secures contract for fire rated doors in Sabah
Binastra unit accepts RM742.86mil building contract in Johor
CPO prices to stay range-bound at RM4,000-RM4,300 per tonne in Feb - MPOC
Maybank shares up following launch of new five-year strategy
MMC Ports targets digital consolidation and operational resilience in pivotal 2026

Others Also Read