News

Serba Dinamik to undertake private placement



KUALA LUMPUR, April 23 --  Serba Dinamik  Holdings Bhd has proposed for a private placement of its shares to raise 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 growth strategy, should the opportunity arise.

It will also help to the group to attract more local and international institutional investors, thereby enlarging  Serba Dinamik ’s shareholders’ base and potentially enhancing the liquidity of its shares.

The proposed private placement entails the issuance of up to 394.62 million new shares, representing up to 10 per cent of  Serba Dinamik ’s total issued ordinary shares.

Based on the illustrative issue price of RM1.47 per placement share, it said the exercise will raise gross proceeds of RM450.57 million and RM580.09 million under the minimum and maximum scenario, respectively.

The engineering services company expects the exercise to be completed by the second quarter of 2020.

-- BERNAMA

 

 




    Other News

Bomba Akan Sedia Garis Panduan Pemasangan Panel Solar

IPOH, 20 Mac (Bernama) -- Jabatan Bomba dan Penyelamat Malaysia (JBPM) akan mengeluarkan garis panduan dalam pemasangan panel solar di bangunan, premis perniagaan dan rumah di seluruh negara.  


Ahli Dewan Negara Cadang Tnb Beri Rebat Bil Elektrik Susulan Fenomena Cuaca Panas

KUALA LUMPUR, 19 Mac (Bernama) -- Tenaga Nasional Berhad (TNB) disaran memberikan rebat 15 hingga 20 peratus daripada keseluruhan bil elektrik dari bulan Januari ke Mac tahun ini susulan fenomena cuaca panas yang masih melanda negara.


Utp Menang Anugerah Tenaga Negara Sebagai Pengiktirafan Usaha Kemampanan

KUALA LUMPUR, 18 Mac  (Bernama) -- Universiti Teknologi Petronas (UTP) telah menerima Anugerah Tenaga Kebangsaan (NEA) 2023 di bawah Kategori Anugerah Khas untuk Institusi Pengajian Tinggi, sebagai pengiktirafan terhadap usaha-usaha kemampanannya.



© 2024 BERNAMA. All Rights Reserved. Disclaimer | Privacy Policy | Security Policy This material may not be published, broadcast,
rewritten or redistributed in any form except with the prior written permission of BERNAMA.

Contact us :
General [ +603-2693 9933, helpdesk@bernama.com ]
Product/Service Enquiries [ +603-2050 4466, digitalsales@bernama.com ]