PETALING JAYA: Pestech International Bhd
has proposed to undertake a restricted issue of 1.33 billion new shares to Dhaya Maju Infrastructure (Asia) Sdn Bhd at an issue price of 12 sen a share, raising RM160mil in the process.
In a filing with Bursa Malaysia, Pestech noted Dhaya Maju is jointly owned by Datuk Seri Dr Subramaniam Pillai with a 37.5% stake, Datuk Mohamed Razeek Md Hussain Maricar (21%), Siti Saffur Mansor (17.5%), Nazreen Ahmad (15%) and Datuk Shaharuddin Md Som (9%).
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