PrivatePlacement

Uzma to raise RM68mil via private placement

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[ PETALING JAYA: Uzma Bhd is looking to raise up to RM68.35mil via a proposed private placement to part-finance the development expenditure for the provision of a water injection facility in an oil field, and repay bank borrowings. In its filing with Bursa Malaysia, the oil and gas services company announced its plan to undertake … Read more

Yinson raises RM283mil via private placement

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[ PETALING JAYA: Yinson Holdings Bhd has raised RM283.2mil from a private placement to support its energy transition business. The energy infrastructure and technology company said the exercise involved 120 million new ordinary shares, representing about 4.1% of its total issued shares, excluding its treasury shares, to a selected group of institutional investors. Yinson said … Read more