KUALA LUMPUR: S P Setia Bhd has applied to Bank Negara Malaysia today to seek its approval for the proposed issuance of renounceable rights issue of new class C Islamic redeemable convertible preference shares (RCPS-i C) to its non-resident shareholders.
KUALA LUMPUR: SP Setia Bhd has proposed to undertake a renounceable rights issue of new class C Islamic redeemable convertible preference shares (RCPS-i C) to raise gross proceeds of up to RM1.18 billion.