KUALA LUMPUR: TCS Group Holdings Bhd
is planning to raise up to RM46.44mil via a private placement.
This will involve the issuance of new TCS shares representing about 20% of the existing total number of issued shares.
“The proceeds will be utilised for the working capital of construction projects with a timeframe of 24 months, ” TCS said in a filing with Bursa Malaysia.
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