Press Metal aims to raise RM1bil via placement shares


KUALA LUMPUR: Press Metal Aluminium Holdings Bhd (PMAH) aims to raise RM1 billion via a proposed placement of up to 163.39 million new shares.

In a filing with Bursa Malaysia today, it said the proposed placement represents 2.0 per cent of the total issued PMAH shares, and the issue price will be determined and announced later.

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

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