Boost Holdings, RHB Bank subscribe additional shares in boost forRM85mil


KUALA LUMPUR: Axiata Group Bhd’s 75.43 per cent-owned subsidiary, Boost Holdings Sdn Bhd, and RHB Bank Bhd had subscribed 85 million new shares in Boost Bhd for RM85 million cash on Nov 3, 2023.

In a filing with Bursa Malaysia, the telecommunication group said Boost Holdings has subscribed 51 million new shares in Boost for RM51 million, which would be funded from internally generated funds.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Axiata , RHB Bank , Boost , Boost Holdings , digital bank

Next In Business News

Ringgit ends lower against US$, higher against most currencies
Citaglobal to divest entire 20% stake in Manjaran to BProperty for RM50mil in shares
West River unit accepts M&E contracts worth a combined RM17.95mil
Aneka Jaringan unit undertakes Rio City Town Centre job for RM53.35mil
KKB Engineering winds RM49.78mil arbitration against Shapadu Energy Services
Matang CFO suspended from duties to facilitate internal investigation
Unitrade subsidiary to manufacture Molok waste collection container
Bursa Malaysia ends lower on selling utilities, banking heavyweights
SSF Home unit to acquire land for warehouse expansion for RM42.47mil
Pansar subsidiary accepts RM170.86mil job for Samalaju water infrastructure upgrade project

Air Pollutant Index

Note: API is calculated based on 24hr running average of the most dominant parameter.

Highest API Readings

    Select State and Location to view the latest API reading

    Others Also Read