Lim Seong Hai proposes public offering of 191mil shares


KUALA LUMPUR: LEAP Market-listed Lim Seong Hai Capital Bhd (LSH), in conjunction with a proposed transfer of listing to the ACE Market, has proposed to undertake a public offering of up to 191 million shares, representing about 22.78% of the enlarged issued shares in the company.

In a filing with Bursa Malaysia, LSH said the offering would comprise a public issue of 132 million new shares and an offer for sale of up to 59 million existing shares by LSH Resources, Tan Sri Lim Keng Cheng, Datuk Lim Keng Guan, Lim Pak Lian and Lim Keng Hun.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

IATA optimistic on Malaysia's aviation outlook as regional recovery accelerates
ISF Group, Alliance Islamic Bank ink IPO underwriting agreement
Bank Islam targets 50% rise in BIMB biz users payment to voice feature
CPO output down 5.3%, palm oil exports fall 28.13% in Nov -�MPOB
Bursa Malaysia slips at midday amid subdued regional sentiment
EcoWorld achieves record sales and profit in FY25
LAC Med shares up on market debut
Steel unit price index falls 0.1 to 3.2 % in Nov - DoSM
SumiSaujana explores partnership with China polyurethane product manufacturer
Carsome's record retail performance drives up 3Q earnings

Others Also Read