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Business

Digistar proposes private placement

PETALING JAYA: Digistar Corp Bhd is proposing to undertake a private placement of up to 10% of the issued and paid-up share capital of Digistar (excluding treasury shares) to third party investors. Digistar is an information and communications technology services and property development company.

Business

Scomi moots private placement

PETALING JAYA: Scomi Group Bhd has proposed to undertake a private placement of up to 10% of its issued share capital, which may raise gross proceeds of up to RM13.13mil under the minimum scenario and up to RM19.02mil under the maximum scenario.

Business

Ho Wah Genting proposes private placement of 95 million shares

PETALING JAYA: Ho Wah Genting Bhd (HWGB) has proposed a private placement of up to 94.69 million new shares to raise funds for the purchasing of copper rods for its wires and cables business.

Business

Cypark co-founder to raise stake via private placement

PETALING JAYA: Cypark Resources Bhd’s co-founder and group chief executive officer Datuk Daud Ahmad’s stake in the renewable energy player may increase to a maximum 14.84% from 7.81% he currently holds via a 10% private placement.

Business

Spritzer suspended on private placement plan

PETALING JAYA: Bottled water producer Spritzer Bhd’s shares have been temporarily suspended from trading to facilitate the company’s announcement on its private placement.

Business

EPF one of main takers of SapuraKencana private placement

PETALING JAYA: The Employees Provident Fund (EPF) has emerged as one of the main takers of the RM1.6bil private placement exercise by SapuraKencana Petroleum Bh d, Bursa filings indicated.

Business

Dayang proposes to undertake private placement of 82.5mil shares

PETALING JAYA: Dayang Enterprise Holdings Bhd has proposed to undertake a private placement of up to 10% of its shares, or 82.5 million shares, to third party investors that will be identified later.

Business

Key Asic plans private placement of shares

PETALING JAYA: Internet of Things (IoT) chip and systems manufacturer Key Asic Bhd has proposed to undertake a private placement of up to 25% of its total number of issued shares.

Community

Smartag Solutions to seek shareholders' approval for proposed private placement

KUCHING: Smartag Solutions Bhd is seeking approval from its shareholders on a proposed private placement that would raise RM4.54mil to fund the group’s overseas business expansion.

Business

Scan cancels private placement excercise

KUALA LUMPUR: Scan Associates Bhd, whose co-founder and chief executive officer Datuk Norbik Bashah Idris resigned last month, has aborted its plan to implement a private placement exercise.