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Chemical manufacturer Sersol Bhd is looking to raise up to RM8.5 million via a private placement of 85 million new shares or not more than 10% of its issued shares for working capital purposes.
Computer Forms (M) Bhd said its shareholders rejected a motion to re-elect executive director (ED) Pang Nan Yew at the company’s annual general meeting (AGM) on Wednesday.
Accordingly, Pang is deemed to have retired from the group’s board, the printing and packaging solutions provider said in a stock exchange filing.
Two months after the departure of its former auditor, chemical manufacturer Sersol Bhd has appointed Morison LC PLT as the company's auditor.
In a bourse filing, Sersol said the new appointment was effective immediately.