Aizo secures Bursa approval for multi-exercise corporate plan


Aizo Group Bhd executive chairman Datuk Abang Abdillah Izzarim

KUALA LUMPUR: Aizo Group Bhd has secured approval from Bursa Malaysia Securities Bhd for a series of corporate exercises to strengthen its balance sheet and support future growth.

In a statement, Aizo said the proposals include a private placement, rights issue with free warrants, share capital reduction, and allocations to investors and key management, forming a comprehensive capital restructuring and fundraising exercise.

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