Ying Fern Khoo's comment on CGB. All Comments

Ying Fern Khoo
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CGB plans to raise between RM79.3 million and RM83.3 million through a private placement of up to 10% of its shares. The funds will mainly be used to support its ongoing construction projects and day-to-day working capital needs

https://www.thestar.com.my/business/business-news/2026/09/03/central-global-in-rm83mil-private-placement-plan
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Divine
the proceed wil be used to finance two existing projects, namely the Lahad Datu water supply system and the Pan Borneo Highway upgrading works.
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Waller See
When will the pp be executed?
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Divine
proposed only date haven't come out yet
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Lemonpie
just realised that CGB still has RM513.5m unbilled from its ongoing jobs, which provides earnings visibility up to FY2029
Like · 5 hours · translate