KUALA LUMPUR: Hiap Teck Venture Bhd (HTVB) has agreed to subscribe for 54.6 million new shares worth RM53.24 million in 27.3 per cent-owned joint venture Eastern Steel Sdn Bhd (ESSB) which is seeking to raise RM195 million via a proposed rights issue.
Hiap Teck Venture Bhd (HTVB) has agreed to subscribe for 54.6 million new shares worth RM53.24mil in 27.3%-owned joint venture Eastern Steel Sdn Bhd (ESSB) which is seeking to raise RM195mil via a proposed rights issue.