SCIB fixes private placement price
KUCHING: Sarawak Consolidated Industries Bhd (SCIB) has fixed the second tranche of its private placement at RM0.3031 per placement share. he issue price represents a discount of approximately 9.98 per cent to the 5-day volume weighted average market price of SCIB shares for the last five market days up to and including June 14, 2023 […]
Borneo Oil proposes RM31.24m private placement
KUCHING: Borneo Oil Bhd (Borneo) has proposed another private placement that is expected to raise up to RM31.24 million to meet the group’s working capital requirements. The proposed fund raising exercise entails the issuance of up to about 1.94 billion new ordinary shares or 20 per cent of the company’s total number of issued shares. […]
Borneo Oil Bhd fixes issue price of placement share
KUCHING: Borneo Oil Bhd (BOB) has fixed the issue price for the first tranche of its private placement at RM0.0223 per placement share. The issue price represents a discount of approximately 9.72 per cent to the 5-day volume weighted average price (VWAP) of BOB shares up to and including July 28, 2022, being the last […]
Serba Dinamik’s private placement to fund future growth, reduce net gearing
KUALA LUMPUR: Serba Dinamik Holdings Bhd said its proposed private placement will enable the group to manage its liquidity and gearing levels to fund current operations and future growth. The global integrated engineering services provider today passed the resolutions for a proposed private placement involving up to 336.83 million shares. That represents about 10 per […]
Serba Dinamik to undertake private placement
KUALA LUMPUR: Serba Dinamik Holdings Bhd has proposed for a private placement of its shares to rise up to RM580.09 million for its working capital and to reduce part of its existing loans. In a filing with Bursa Malaysia, the group said the exercise will give it financial flexibility to fund future expansion plans and […]
