KUALA LUMPUR: Heitech Padu Bhd
plans to raise up to RM43.7mil through a private placement of new shares, mainly to fund the National Integrated Immigration System (NIISe) project and for working capital needs.
In a filing with Bursa Malaysia today, the tech company said the fundraising will follow a 1-for-4 bonus issue involving 27.84 million new shares, which will increase its share capital from 111.35 million to 139.18 million shares.
