KUALA LUMPUR: Candy confectionery manufacturer and distributor Khee San Bhd
(KSB) expects to raise between RM65 million and RM96.1 million via a proposed rights issue.
As part of its regularisation plan, KSB outlined that the proposed exercise involves the issuance of up to 960.96 million shares at 10 sen each, and up to 549.12 million warrants, with four warrants for every seven rights subscribed.
