Techfast Holdings Bhd has proposed to split one existing share into two units and undertake a rights issue of up to 909.2 million new shares to raise money which will finance the working capital requirements of the group’s existing businesses under a corporate revamp, which will see Techfast sell its core self-clinching fasteners and industrial components manufacturing operations.
Techfast proposes share split and rights issue, eyes core business sale
2021-04-15T07:25:21-04:00April 15th, 2021|
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