HeiTech Padu proposes private placement to raise RM22.98m for working capital

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Heitech Padu Bhd News

Private Placement

KUALA LUMPUR, April 17 — HeiTech Padu Bhd has proposed a private placement of 10.12 million new ordinary shares, raising gross proceeds of RM22.98 million, which will be utilised...

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The issuance of new ordinary shares is representing 10 per cent of the total number of issued shares of the company and the placement shares will be placed to third-party investors to be identified later, it said in a filing with Bursa Malaysia today. — Picture by Choo Choy MayKUALA LUMPUR, April 17 — HeiTech Padu Bhd has proposed a private placement of 10.12 million new ordinary shares, raising gross proceeds of RM22.98 million, which will be utilised for working capital.

Private Placement

 

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